Template:2002 ISDA Equity Derivatives Definitions 1.32: Difference between revisions

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Section {{eqderivprov|1.32}}. {{eqderivprov|Currency Business Day}}. “Currency Business Day" means any day on which <br>commercial banks are open for business (including dealings in foreign exchange and foreign currency <br>deposits) in the principal financial center for the relevant currency. In respect of any {{eqderivprov|Transaction}} in <br>which the {{eqderivprov|Settlement Currency}} is the euro, any day on which the Trans-European Automated Real-time <br>Gross settlement Express Transfer (TARGET) system is open shall be a {{eqderivprov|Currency Business Day}}. <br>
Section {{eqderivprov|1.32}}. {{eqderivprov|Currency Business Day}}. “Currency Business Day” means any day on which <br>commercial banks are open for business (including dealings in foreign exchange and foreign currency <br>deposits) in the principal financial center for the relevant currency. In respect of any {{eqderivprov|Transaction}} in <br>which the {{eqderivprov|Settlement Currency}} is the euro, any day on which the Trans-European Automated Real-time <br>Gross settlement Express Transfer (TARGET) system is open shall be a {{eqderivprov|Currency Business Day}}. <br>

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