Market Disruption Event - Equity Derivatives Provision: Difference between revisions
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*However, where “{{eqderivprov|All Exchanges}}” is specified as the “{{eqderivprov|Related Exchange}}”, then the {{eqderivprov|Market Disruption Event}} may be triggered if there is a disruption on any exchange where trading has a material effect (as determined by {{eqderivprov|Calculation Agent}}) on the overall market for futures or options relating to the underlier. | *However, where “{{eqderivprov|All Exchanges}}” is specified as the “{{eqderivprov|Related Exchange}}”, then the {{eqderivprov|Market Disruption Event}} may be triggered if there is a disruption on any exchange where trading has a material effect (as determined by {{eqderivprov|Calculation Agent}}) on the overall market for futures or options relating to the underlier. | ||
{{ | {{sa}} | ||
*{{eqderivprov|Disrupted Day}}, being a day on which a {{eqderivprov|Market Disruption Event}} has occurred. | *{{eqderivprov|Disrupted Day}}, being a day on which a {{eqderivprov|Market Disruption Event}} has occurred. | ||
*{{eqderivprov|Consequences of Disrupted Days}}; | *{{eqderivprov|Consequences of Disrupted Days}}; |