Template:Nutshell Equity Derivatives 6.4: Difference between revisions

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Created page with "Section {{eqderivprov|6.4}}. “'''{{eqderivprov|Disrupted Day}}'''” means any {{eqderivprov|Scheduled Trading Day}} on which an {{eqderivprov|Exchange}} or {{eqderivprov|R..."
 
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Section {{eqderivprov|6.4}}. “'''{{eqderivprov|Disrupted Day}}'''” means any {{eqderivprov|Scheduled Trading Day}} on which an {{eqderivprov|Exchange}} or  {{eqderivprov|Related Exchange}} does not open for trading during its regular trading session or suffers a {{eqderivprov|Market Disruption Event}}. The {{isdaprov|Calculation Agent}} must notify the parties as soon as practicable if any {{eqderivprov|Averaging Date}}, a {{eqderivprov|Valuation Date}}, {{eqderivprov|Potential Exercise Date}}, {{eqderivprov|Knock-in Determination Day}}, {{eqderivprov|Knock-out Determination Day}} or {{eqderivprov|Expiration Date}} is a {{eqderivprov|Disrupted Day}}.<br>
{{eqderivprov|6.4}}. “'''{{eqderivprov|Disrupted Day}}'''” means any {{eqderivprov|Scheduled Trading Day}} on which an {{eqderivprov|Exchange}} or  {{eqderivprov|Related Exchange}} does not open for trading during its regular trading session or suffers a {{eqderivprov|Market Disruption Event}}. The {{isdaprov|Calculation Agent}} must notify the parties as soon as practicable if any {{eqderivprov|Averaging Date}}, a {{eqderivprov|Valuation Date}}, {{eqderivprov|Potential Exercise Date}}, {{eqderivprov|Knock-in Determination Day}}, {{eqderivprov|Knock-out Determination Day}} or {{eqderivprov|Expiration Date}} is a {{eqderivprov|Disrupted Day}}.<br>

Latest revision as of 12:13, 13 May 2022

6.4. “Disrupted Day” means any Scheduled Trading Day on which an Exchange or Related Exchange does not open for trading during its regular trading session or suffers a Market Disruption Event. The Calculation Agent must notify the parties as soon as practicable if any Averaging Date, a Valuation Date, Potential Exercise Date, Knock-in Determination Day, Knock-out Determination Day or Expiration Date is a Disrupted Day.