Template:Nutshell Equity Derivatives 1.51: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
Section {{eqderivprov|1. | Section {{eqderivprov|1.51}}. “'''{{eqderivprov|Knock-out Valuation Time}}'''” means the specified time on any {{eqderivprov|Knock-out Determination Day}} or, if there is none, the {{eqderivprov|Valuation Time}} specified in the related {{eqderivprov|Confirmation}}, or if none, the {{eqderivprov|Scheduled Closing Time}} on the relevant exchange for the {{eqderivprov|Knock-out Reference Security}} on any {{eqderivprov|Knock-out Determination Day}} | ||
If an exchange closes early and before the specified {{eqderivprov|Knock-out Valuation Time}}, the {{eqderivprov|Knock-out Valuation Time}} will be that actual closing time. <br> | If an exchange closes early and before the specified {{eqderivprov|Knock-out Valuation Time}}, the {{eqderivprov|Knock-out Valuation Time}} will be that actual closing time. <br> | ||
Revision as of 07:43, 10 May 2022
Section 1.51. “Knock-out Valuation Time” means the specified time on any Knock-out Determination Day or, if there is none, the Valuation Time specified in the related Confirmation, or if none, the Scheduled Closing Time on the relevant exchange for the Knock-out Reference Security on any Knock-out Determination Day
If an exchange closes early and before the specified Knock-out Valuation Time, the Knock-out Valuation Time will be that actual closing time.