Template:Nutshell Equity Derivatives 11.4: Difference between revisions

Jump to navigation Jump to search
no edit summary
(Created page with "Section {{eqderivprov|11.4}}. '''{{eqderivprov|Correction of Share Prices and Index Levels}}'''. If any {{eqderivprov|Exchange}} price or {{eqderivprov|Index}} level used in a...")
 
No edit summary
Line 1: Line 1:
Section {{eqderivprov|11.4}}. '''{{eqderivprov|Correction of Share Prices and Index Levels}}'''. If any {{eqderivprov|Exchange}} price or {{eqderivprov|Index}} level used in a {{isdaprov|Transaction}} is corrected by the {{eqderivprov|Exchange}} or {{eqderivprov|Index Sponsor}} within one {{eqderivprov|Settlement Cycle}} after its original publication, either party may notify the other of the correction and the {{eqderivprov|Calculation Agent}} will determine the resulting adjustment amount and, if need be, adjust the {{isdaprov|Transaction}}’s terms to account for the correction. <br>
Section {{eqderivprov|11.4}}. '''{{eqderivprov|Correction of Share Prices and Index Levels}}'''. If any {{eqderivprov|Exchange}} price or {{eqderivprov|Index}} level used in a {{isdaprov|Transaction}} is corrected by the {{eqderivprov|Exchange}} or {{eqderivprov|Index Sponsor}} within a {{eqderivprov|Settlement Cycle}} of publication, either party may notify the other and the {{eqderivprov|Calculation Agent}} will determine any resulting adjustment payment and, if need be, adjust the {{isdaprov|Transaction}} to account for the correction. <br>

Navigation menu