Template:Nutshell Equity Derivatives 6.3(a): Difference between revisions

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When determining materiality  of disruption for an index, a security's percentage contribution to an {{eqderivprov|Index}} level will be based on its contribution to the overall level of the {{eqderivprov|Index}} just before the {{eqderivprov|Market Disruption Event}} happened. <br>
When determining materiality  of disruption for an index, a security's percentage contribution to an {{eqderivprov|Index}} level will be based on its contribution to the overall level of the {{eqderivprov|Index}} just before the {{eqderivprov|Market Disruption Event}} happened. <br>


<span style="font-family:Garamond;">To work out whether a ''Market Disruption Event'' exists for an entire Index as a result of a Market Disruption Event existing for one of its component securities Index, then that security's relevant percentage contribution to the Index will be based on a comparison of (x) the portion of the of the Index level  attributable to that security and (y) the overall level of the Index, in each case immediately before the occurrence of such Market Disruption Event.</span style>
<span style="font-family:Helvetica;">To work out whether a ''Market Disruption Event'' exists for an entire Index as a result of a Market Disruption Event existing for one of its component securities Index, then that security's relevant percentage contribution to the Index will be based on a comparison of (x) the portion of the of the Index level  attributable to that security and (y) the overall level of the Index, in each case immediately before the occurrence of such Market Disruption Event.</span style>