|
|
| Line 1: |
Line 1: |
| {{eqderivanat|1.14}} | | {{manual|DEQ|2002|1.14|Section||medium}} |
| A serviceable distinction is to be drawn between the “{{eqderivprov|Shares}}” specified in a {{eqderivprov|Confirmation}} — which means the abstract concept of a notional particpating in the common stock of [[Teldar Paper]] etc., and is represented by a single [[ISIN]] — and the precise ''{{eqderivprov|Number of Shares}}'', being the defined quantity of those {{eqderivprov|Shares}} relevant in assessing the {{eqderivprov|Equity Notional Amount}} of a given {{eqderivprov|Transaction}}.
| |
| | |
| Where you have a {{eqderivprov|Basket}}, there will be a weighting of the individual {{eqderivprov|Shares}} in the {{eqderivprov|Basket}} which may be articulated in terms of a {{eqderivprov|Number of Shares}} of that {{eqderivprov|Issuer}}. This further piques the intellectual challenge.
| |
| | |
| {{underlier}}
| |
| {{sa}}
| |
| *{{eqderivprov|Number of Shares}}
| |
| *{{eqderivprov|Number of Baskets}}
| |