Share - Equity Derivatives Provision: Difference between revisions

Share - Equity Derivatives Provision (view source)

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 {{eqderivanat|1.14}}
-A serviceable distinction is to be drawn between the {{eqderivprov|Shares}} specified in a {{eqderivprov|Confirmation}} — which means the abstract concept of a notional particpating in the common stock of Teldar Paper etc., as represented by an [[ISIN]], and the precise {{eqderivprov|Number of Shares}}, being a defined quantity relevant in assessing ones {{eqderivprov|Equity Notional Amount}}.
+A serviceable distinction is to be drawn between the “{{eqderivprov|Shares}}” specified in a {{eqderivprov|Confirmation}} — which means the abstract concept of a notional particpating in the common stock of Teldar Paper etc., as represented by an [[ISIN]], and the precise ''{{eqderivprov|Number of Shares}}'', being the defined quantity of those {{eqderivprov|Shares}} relevant in assessing ones {{eqderivprov|Equity Notional Amount}}.
+Where you have a {{eqderivprov|Basket}}, there will be a weighting of the individual Shares in the Basket — and that may be articulated in terms of a {{eqderivprov|Number of Shares}} of that {{eqderivprov|Issuer}}, which further piques the intellectual challenge.