Template:2002 ISDA Equity Derivatives Definitions 6.3(b): Difference between revisions

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:{{eqderivprov|6.3(b)}} '''{{eqderivprov|Trading Disruption}}'''. "'''{{eqderivprov|Trading Disruption}}'''" means any suspension of or limitation <br>imposed on trading by the relevant {{eqderivprov|Exchange}} or {{eqderivprov|Related Exchange}} or otherwise and whether by reason of <br>movements in price exceeding limits permitted by the relevant {{eqderivprov|Exchange}} or {{eqderivprov|Related Exchange}} or <br>otherwise (i) relating to the {{eqderivprov|Share}} on the {{eqderivprov|Exchange}} (or in the case of an {{eqderivprov|Index Transaction}} or Index <br>Basket Transaction on any relevant {{eqderivprov|Exchange}}(s) relating to securities that comprise 20 percent or more of <br>the level of the relevant {{eqderivprov|Index}}), or (ii) in futures or options contracts relating to the Share or the relevant <br>{{eqderivprov|Index}} on any relevant {{eqderivprov|Related Exchange}}. <br>
:{{eqderivprov|6.3(b)}} '''{{eqderivprov|Trading Disruption}}'''. "'''{{eqderivprov|Trading Disruption}}'''" means any suspension of or limitation <br>imposed on trading by the relevant {{eqderivprov|Exchange}} or {{eqderivprov|Related Exchange}} or otherwise and whether by reason of <br>movements in price exceeding limits permitted by the relevant {{eqderivprov|Exchange}} or {{eqderivprov|Related Exchange}} or <br>otherwise (i) relating to the {{eqderivprov|Share}} on the {{eqderivprov|Exchange}} (or in the case of an {{eqderivprov|Index Transaction}} or Index <br>Basket Transaction on any relevant {{eqderivprov|Exchange}}(s) relating to securities that comprise 20 percent or more of <br>the level of the relevant {{eqderivprov|Index}}), or (ii) in futures or options contracts relating to the {{eqderivprov|Share}} or the relevant <br>{{eqderivprov|Index}} on any relevant {{eqderivprov|Related Exchange}}. <br>

Revision as of 15:49, 2 November 2012

6.3(b) Trading Disruption. "Trading Disruption" means any suspension of or limitation
imposed on trading by the relevant Exchange or Related Exchange or otherwise and whether by reason of
movements in price exceeding limits permitted by the relevant Exchange or Related Exchange or
otherwise (i) relating to the Share on the Exchange (or in the case of an Index Transaction or Index
Basket Transaction on any relevant Exchange(s) relating to securities that comprise 20 percent or more of
the level of the relevant Index), or (ii) in futures or options contracts relating to the Share or the relevant
Index on any relevant Related Exchange.
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