Exchange Disruption - Equity Derivatives Provision

Commentary

See Market Disruption Event, for which this provision is relevant. Note that where your trade is an Index Transaction, or an Index Basket Transaction, the disruption relates to transactions in the underlying Shares - because the Index doesn't exist per se as an investable stock. There are, however, separate disruption events relating to change, cancellation or non-publication of Indices.

See also

• Adjustments to Indices (especially 11.1(b));
• Trading Disruption
• Market Disruption Event

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