Template:Nutshell Equity Derivatives 11.4: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "Section {{eqderivprov|11.4}}. '''{{eqderivprov|Correction of Share Prices and Index Levels}}'''. If any {{eqderivprov|Exchange}} price or {{eqderivprov|Index}} level used in a..." |
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Section {{eqderivprov|11.4}}. '''{{eqderivprov|Correction of Share Prices and Index Levels}}'''. If any {{eqderivprov|Exchange}} price or {{eqderivprov|Index}} level used in a {{isdaprov|Transaction}} is corrected by the {{eqderivprov|Exchange}} or {{eqderivprov|Index Sponsor}} within | Section {{eqderivprov|11.4}}. '''{{eqderivprov|Correction of Share Prices and Index Levels}}'''. If any {{eqderivprov|Exchange}} price or {{eqderivprov|Index}} level used in a {{isdaprov|Transaction}} is corrected by the {{eqderivprov|Exchange}} or {{eqderivprov|Index Sponsor}} within a {{eqderivprov|Settlement Cycle}} of publication, either party may notify the other and the {{eqderivprov|Calculation Agent}} will determine any resulting adjustment payment and, if need be, adjust the {{isdaprov|Transaction}} to account for the correction. <br> | ||
Revision as of 14:13, 3 September 2018
Section 11.4. Correction of Share Prices and Index Levels. If any Exchange price or Index level used in a Transaction is corrected by the Exchange or Index Sponsor within a Settlement Cycle of publication, either party may notify the other and the Calculation Agent will determine any resulting adjustment payment and, if need be, adjust the Transaction to account for the correction.