Template:Nutshell Equity Derivatives 3.1(f): Difference between revisions

:{{eqderivprov|3.1(f)}} “'''{{eqderivprov|Expiration Date}}'''” will be the date specified in an {{eqderivprov|Option Transaction}} {{eqderivprov|Confirmation}} (or, if it is not a {{eqderivprov|Scheduled Trading Day}}, the following {{eqderivprov|Scheduled Trading Day}}), unless it has become a {{eqderivprov|Disrupted Day}} before the {{eqderivprov|Latest Exercise Time}} in which case it will be the next undisrupted {{eqderivprov|Scheduled Trading Day}} though if eight {{eqderivprov|Scheduled Trading Days}} in a row are {{eqderivprov|Disrupted Day}}s, the eighth one,even though a {{eqderivprov|Disrupted Day}}, will be the {{eqderivprov|Expiration Date}}. In any case, if an {{eqderivprov|Option Transaction}} is exercised on a {{eqderivprov|Scheduled Trading Day}} that would have been an {{eqderivprov|Expiration Date}} had it not been a {{eqderivprov|Disrupted Day}}, it will be treated as the {{eqderivprov|Expiration Date}} when determining whether an {{eqderivprov|Exercise Date}} has occurred during the {{eqderivprov|Exercise Period}}. <br>