83,774
edits
Template:How Equity Notional Reset works: Difference between revisions
Jump to navigation
Jump to search
Template:How Equity Notional Reset works (view source)
Revision as of 11:03, 15 December 2015
, 15 December 2015→How {{eqderivprov|Equity Notional Reset}} works
Amwelladmin (talk | contribs) |
Amwelladmin (talk | contribs) |
||
| Line 12: | Line 12: | ||
*The {{eqderivprov|Final Price}} is the market value of the {{eqderivprov|Share}} on the {{eqderivprov|Valuation Date}} | *The {{eqderivprov|Final Price}} is the market value of the {{eqderivprov|Share}} on the {{eqderivprov|Valuation Date}} | ||
*{{eqderivprov|Initial Price}} is the price specified in the confirm (as adjusted by this glorious mechanic). | *{{eqderivprov|Initial Price}} is the price specified in the confirm (as adjusted by this glorious mechanic). | ||
*You pay out the {{eqderivprov|Equity Amount}} on the {{eqderivprov|Cash Settlement Payment Date}}, and adjust the {{eqderivprov|Equity Notional Amount}} accordingly. | |||
It's like converting a collateral amount into an absolute obligation by restriking. | |||