Template:Nutshell Equity Derivatives 1.37: Difference between revisions

Revision as of 16:46, 1 May 2018

Section 1.37. Settlement Cycle. “Settlement Cycle” means usual period of Clearance System Business Days (or, for Exchange-traded Contracts, Exchange Business Days) following a trade on which settlement usually occurs according to the Exchange’s rules for those shares. If there are multiple Exchanges, it will be the longest such period.

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	Section {{eqderivprov\|1.37}}. '''{{eqderivprov\|Settlement Cycle}}'''. “'''{{eqderivprov\|Settlement Cycle}}'''” means usual period of {{eqderivprov\|Clearance System Business Days}} (or, for {{eqderivprov\|Exchange-traded Contract}}s, {{eqderivprov\|Exchange Business Days}} following a trade on which settlement ~~will~~ usually ~~occur~~ according to the {{eqderivprov\|Exchange}}’s rules for those shares. If there are multiple {{eqderivprov\|Exchanges}}, it will be the longest ~~of the relevant periods~~. <br>		Section {{eqderivprov\|1.37}}. '''{{eqderivprov\|Settlement Cycle}}'''. “'''{{eqderivprov\|Settlement Cycle}}'''” means usual period of {{eqderivprov\|Clearance System Business Days}} (or, for {{eqderivprov\|Exchange-traded Contract}}s, {{eqderivprov\|Exchange Business Days}}) following a trade on which settlement usually occurs according to the {{eqderivprov\|Exchange}}’s rules for those shares. If there are multiple {{eqderivprov\|Exchanges}}, it will be the longest such period. <br>