Template:Nutshell Equity Derivatives 1.28: Difference between revisions

Latest revision as of 12:04, 13 May 2022

1.28. “Index Sponsor” means the corporation or other entity that

(a) is responsible for the rules, procedures and calculation methods of the Index and

(b) regularly announces the Index level during each Scheduled Trading Day.

@@ Line 1: / Line 1: @@
-Section {{eqderivprov|1.28}}. '''{{eqderivprov|Index Sponsor}}'''. “'''{{eqderivprov|Index Sponsor}}'''” means the corporation or other entity that (a) is responsible for setting and reviewing the rules and procedures and the methods of calculation and adjustments, [[if any]], related to the relevant {{eqderivprov|Index}} and (b) announces (directly or through an agent) the level of the relevant {{eqderivprov|Index}} on a regular basis during each {{eqderivprov|Scheduled Trading Day}}. <br>
+{{eqderivprov|1.28}}. “'''{{eqderivprov|Index Sponsor}}'''” means the corporation or other entity that
+:(a) is responsible for the rules, procedures and calculation methods of the {{eqderivprov|Index}} and
+:(b) regularly announces the {{eqderivprov|Index}} level during each {{eqderivprov|Scheduled Trading Day}}. <br>