Hedge Position Adjustments - Equity Derivatives Provision: Difference between revisions

Hedge Position Adjustments - Equity Derivatives Provision (view source)

463 bytes removed , 11 January 2022

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-{{a|eqderiv|{{subtable|
+{{a|eqderiv|{{hedge position adjustment}}}}
-{| class="wikitable"
+Hedge Position Adjustments are a flourish you might see in a [[synthetic prime brokerage]] master confirmation, as a gloss to the other terms in the {{eqdefs}} about {{eqderivprov|Final Price}} and so on.
-|-
-| Hedge Position Adjustments || In determining any amounts payable under a {{eqderivprov|Transaction}}, the {{eqderivprov|Calculation Agent}} will include: <br>
-(a) the {{eqderivprov|Hedging Party}}’s costs of hedging (including any {{eqderivprov|Local Tax}}es); <br>
-(b) any losses it incurs as a result of default under any {{eqderivprov|Hedge Position}}s; and <br>
-(c) any costs of converting amounts into the {{eqderivprov|Settlement Currency}}.
-|}
-}}}}Hedge Position Adjustments are a flourish you might see in a [[synthetic prime brokerage]] master confirmation, as a gloss to the other terms in the {{eqdefs}} about {{eqderivprov|Final Price}} and so on.