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Template:How Equity Notional Reset works: Difference between revisions
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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
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*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. | |||