Template:M summ Equity Derivatives 6.3(b): Difference between revisions

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Where your {{isdaprov|Transaction}} is an {{eqderivprov|Index Transaction}} or an {{eqderivprov|Index Basket Transaction}}, the disruption relates to trading on {{eqderivprov|Exchange}} for at least 20% of the {{eqderivprov|Shares}} comprising the {{eqderivprov|Index}} — because the {{eqderivprov|Index}} doesn’t exist ''[[per se]]'' as an independently investable security, though it may do as an [[exchange traded derivative]].
[[Market Disruption Event - Equity Derivatives Provision|Where]] your {{isdaprov|Transaction}} is an {{eqderivprov|Index Transaction}} or an {{eqderivprov|Index Basket Transaction}}, the disruption relates to trading on {{eqderivprov|Exchange}} for at least 20% of the {{eqderivprov|Shares}} comprising the {{eqderivprov|Index}} — because the {{eqderivprov|Index}} doesn’t exist ''[[per se]]'' as an independently investable security, though it may do as an [[exchange traded derivative]].

Latest revision as of 00:31, 7 August 2023

Where your Transaction is an Index Transaction or an Index Basket Transaction, the disruption relates to trading on Exchange for at least 20% of the Shares comprising the Index — because the Index doesn’t exist per se as an independently investable security, though it may do as an exchange traded derivative.