Increased Cost of Stock Borrow - Equity Derivatives Provision: Difference between revisions

Increased Cost of Stock Borrow - Equity Derivatives Provision (view source)

70 bytes removed , 1 August 2017

no edit summary

82,891

edits

@@ Line 1: / Line 1: @@
-===Definition===
+{{fullanat2|eqderiv|12.9(a)(viii)||12.9(b)(v)|}}
-{{eqderivsnap|12.9(a)(viii)}}
-===Operative Provision===
-{{eqderivsnap|12.9(b)(v)}}
-====Commentary====
 '''Summary''': When the Hedging Party notifies an {{eqderivprov|Increased Cost of Stock Borrow}}, specifiying a proposed {{eqderivprov|Price Adjustment}}, the non-Hedging Party has three options:
 #Accept the {{eqderivprov|Price Adjustment}} and the {{eqderivprov|Transaction}} is amended accordingly;