Share - Equity Derivatives Provision: Difference between revisions

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{{eqderivanat|1.14}}
#redirect[[Underlier - Equity Derivatives Provision]]
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.
 
{{seealso}}
*{{eqderivprov|Number of Shares}}
*{{eqderivprov|Number of Baskets}}

Latest revision as of 10:25, 18 May 2022