Template:Nutshell Equity Derivatives 1.27

From The Jolly Contrarian
Revision as of 15:41, 6 September 2018 by Amwelladmin (talk | contribs) (Created page with "1.27. “'''{{eqderivprov|Clearance System}}'''” means the specified clearance system for a {{eqderivprov|Share}} (or any successor the {{eqderivprov|Calculation Agent}} det...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

1.27. “Clearance System” means the specified clearance system for a Share (or any successor the Calculation Agent determines). If not specified, it will be the main domestic clearance system used to settle trades in the Share on the Settlement Date. If it ceases to settle trades in such Share, the parties must try to agree another manner of delivery.