Template:Nutshell Equity Derivatives 9.4: Difference between revisions

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HOWEVER  the {{eqderivprov|Settlement Date}} will be delayed if there is {{eqderivprov|Settlement Disruption Event}} until it has lifted. If it doesn’t lift for 8 successive {{eqderivprov|Clearance System Business Day}}s then, if the {{eqderivprov|Shares}} can be delivered some other way, the {{eqderivprov|Settlement Date}} will be a settlement cycle after that eighth {{eqderivprov|Clearance System Business Day}}. Otherwise it will just be postponed until delivery can be effected.  
HOWEVER  the {{eqderivprov|Settlement Date}} will be delayed if there is {{eqderivprov|Settlement Disruption Event}} until it has lifted. If it doesn’t lift for 8 successive {{eqderivprov|Clearance System Business Day}}s then, if the {{eqderivprov|Shares}} can be delivered some other way, the {{eqderivprov|Settlement Date}} will be a settlement cycle after that eighth {{eqderivprov|Clearance System Business Day}}. Otherwise it will just be postponed until delivery can be effected.  


If a {{eqderivprov|Settlement Disruption Event}} affects only some {{eqderivprov|Shares}} in a basket, the unaffected portion will be settled without any such delay.
If only some {{eqderivprov|Shares}} in a basket are disrupted, the unaffected portion will be settled without any such delay.

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