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One can draw a serviceable distinction between the “{{eqderivprov|Shares}}” specified in a {{eqderivprov|Confirmation}} — which means the abstract concept of a notional participation in the common stock of [[Teldar Paper]] etc., represented by a single [[ISIN]] — and the precise ''{{eqderivprov|Number of Shares}}'', being the defined quantity of those {{eqderivprov|Shares}} relevant in assessing the {{eqderivprov|Equity Notional Amount}} of a given {{eqderivprov|Transaction}}. | [[1.14 - Equity Derivatives Provision|One]] can draw a serviceable distinction between the “{{eqderivprov|Shares}}” specified in a {{eqderivprov|Confirmation}} — which means the abstract concept of a notional participation in the common stock of [[Teldar Paper]] etc., represented by a single [[ISIN]] — and the precise ''{{eqderivprov|Number of Shares}}'', being the defined quantity of those {{eqderivprov|Shares}} relevant in assessing the {{eqderivprov|Equity Notional Amount}} of a given {{eqderivprov|Transaction}}. | ||
Where you have a {{eqderivprov|Basket}}, there will be a weighting of the individual {{eqderivprov|Shares}} in the {{eqderivprov|Basket}} which may be articulated in terms of a {{eqderivprov|Number of Shares}} of that {{eqderivprov|Issuer}}. This further piques the intellectual challenge. | Where you have a {{eqderivprov|Basket}}, there will be a weighting of the individual {{eqderivprov|Shares}} in the {{eqderivprov|Basket}} which may be articulated in terms of a {{eqderivprov|Number of Shares}} of that {{eqderivprov|Issuer}}. This further piques the intellectual challenge. |