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