Template:M summ EUA Annex Allowances to be Delivered: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "A key to part of the complexity in the Emissions Annex. Whether your Transaction is an Option or a Forward, on a settlement date ''one'' of you has to pay an amount of money, and the ''other'' has to deliver a quantity of Allowances. {{euaprov|Option}}s with multiple exercise dates are treated as a single unitary transaction — this figures, because American options can be partly exercised on any day, whereas {{euaprov|Forward}}s settle on a single day that doesn’t ad..." |
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A key to part of the complexity in the Emissions Annex. Whether your Transaction is an Option or a Forward, on a settlement date ''one'' of you has to pay an amount of money, and the ''other'' has to deliver a quantity of Allowances. {{euaprov|Option}}s with multiple exercise dates are treated as a single unitary transaction — this figures, because American options can be partly exercised on any day, whereas {{euaprov|Forward}}s settle on a single day that doesn’t adjust. So para {{euaprov|(c)}} says where you have multiple settlement dates on a {{euaprov|Forward}}, you just treat each one as a separate {{euaprov|Transaction}}. | [[Allowances to be Delivered - Emissions Annex Provision|A]] key to part of the complexity in the Emissions Annex. Whether your Transaction is an Option or a Forward, on a settlement date ''one'' of you has to pay an amount of money, and the ''other'' has to deliver a quantity of Allowances. {{euaprov|Option}}s with multiple exercise dates are treated as a single unitary transaction — this figures, because American options can be partly exercised on any day, whereas {{euaprov|Forward}}s settle on a single day that doesn’t adjust. So para {{euaprov|(c)}} says where you have multiple settlement dates on a {{euaprov|Forward}}, you just treat each one as a separate {{euaprov|Transaction}}. |
Revision as of 11:42, 9 November 2023
A key to part of the complexity in the Emissions Annex. Whether your Transaction is an Option or a Forward, on a settlement date one of you has to pay an amount of money, and the other has to deliver a quantity of Allowances. Options with multiple exercise dates are treated as a single unitary transaction — this figures, because American options can be partly exercised on any day, whereas Forwards settle on a single day that doesn’t adjust. So para (c) says where you have multiple settlement dates on a Forward, you just treat each one as a separate Transaction.