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Amwelladmin (talk | contribs) (Created page with "{{subst:eqdp|12.6}}") |
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{{eqderivsnap|12.6}} | {{eqderivsnap|12.6}} | ||
====Commentary==== | ====Commentary==== | ||
Upon the occurrence of these {{eqderivprov|Extraordinary Events}} ({{eqderivprov|Nationalization}}, {{eqderivprov|Insolvency}} and {{eqderivprov|Delisting}}) the parties may elect to terminate (if they choose {{eqderivprov|Negotiated Close-out}}), or the transaction will automatically terminate (if {{eqderivprov|Payment and Cancellation}} or {{eqderivprov|Partial Payment and Cancellation}} are selected). | |||
Note that a {{eqderivprov|Delisting}} covers full cessation of trading but not a suspension of trading, even if indefinite. But in that case a {{eqderivprov|Hedging Disruption}} or - at a pinch - {{eqderivprov|Increased Cost of Hedging}} ought to get you home. | |||
====See Also==== | ====See Also==== | ||
{{eqderivanatomy}} | {{eqderivanatomy}} |