Market Disruption Event - Equity Derivatives Provision: Difference between revisions

no edit summary
No edit summary
No edit summary
Line 18: Line 18:
*However, where “{{eqderivprov|All Exchanges}}” is specified as the “{{eqderivprov|Related Exchange}}”, then the {{eqderivprov|Market Disruption Event}} may be triggered if there is a disruption on any exchange where trading has a material effect (as determined by {{eqderivprov|Calculation Agent}}) on the overall market for futures or options relating to the underlier.
*However, where “{{eqderivprov|All Exchanges}}” is specified as the “{{eqderivprov|Related Exchange}}”, then the {{eqderivprov|Market Disruption Event}} may be triggered if there is a disruption on any exchange where trading has a material effect (as determined by {{eqderivprov|Calculation Agent}}) on the overall market for futures or options relating to the underlier.


{{seealso}}
{{sa}}
*{{eqderivprov|Disrupted Day}}, being a day on which a {{eqderivprov|Market Disruption Event}} has occurred.
*{{eqderivprov|Disrupted Day}}, being a day on which a {{eqderivprov|Market Disruption Event}} has occurred.
*{{eqderivprov|Consequences of Disrupted Days}};
*{{eqderivprov|Consequences of Disrupted Days}};