Template:2002 ISDA Equity Derivatives Definitions 6.3(b): Difference between revisions

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:{{eqderivprov|6.3(b)}} '''{{eqderivprov|Trading Disruption}}'''. "'''{{eqderivprov|Trading Disruption}}'''" means any suspension of or limitation <br>imposed on trading by the relevant {{eqderivprov|Exchange}} or {{eqderivprov|Related Exchange}} or otherwise and whether by reason of <br>movements in price exceeding limits permitted by the relevant {{eqderivprov|Exchange}} or {{eqderivprov|Related Exchange}} or <br>otherwise (i) relating to the {{eqderivprov|Share}} on the {{eqderivprov|Exchange}} (or in the case of an {{eqderivprov|Index Transaction}} or Index <br>Basket Transaction on any relevant {{eqderivprov|Exchange}}(s) relating to securities that comprise 20 percent or more of <br>the level of the relevant {{eqderivprov|Index}}), or (ii) in futures or options contracts relating to the {{eqderivprov|Share}} or the relevant <br>{{eqderivprov|Index}} on any relevant {{eqderivprov|Related Exchange}}. <br>
:{{eqderivprov|6.3(b)}} '''{{eqderivprov|Trading Disruption}}'''. “'''{{eqderivprov|Trading Disruption}}'''” means any suspension of or limitation imposed on trading by the relevant {{eqderivprov|Exchange}} or {{eqderivprov|Related Exchange}} [[or otherwise]] and whether by reason of movements in price exceeding limits permitted by the relevant {{eqderivprov|Exchange}} or {{eqderivprov|Related Exchange}} [[or otherwise]]
::(i) relating to the {{eqderivprov|Share}} on the {{eqderivprov|Exchange}} (or in the case of an {{eqderivprov|Index Transaction}} or {{eqderivprov|Index Basket Transaction}} on any relevant {{eqderivprov|Exchange}}(s) relating to securities that comprise 20 percent or more of the level of the relevant {{eqderivprov|Index}}), or  
::(ii) in [[futures]] or [[options]] contracts relating to the {{eqderivprov|Share}} or the relevant {{eqderivprov|Index}} on any relevant {{eqderivprov|Related Exchange}}. <br>

Latest revision as of 15:18, 4 April 2018

6.3(b) Trading Disruption. “Trading Disruption” means any suspension of or limitation imposed on trading by the relevant Exchange or Related Exchange or otherwise and whether by reason of movements in price exceeding limits permitted by the relevant Exchange or Related Exchange or otherwise
(i) relating to the Share on the Exchange (or in the case of an Index Transaction or Index Basket Transaction on any relevant Exchange(s) relating to securities that comprise 20 percent or more of the level of the relevant Index), or
(ii) in futures or options contracts relating to the Share or the relevant Index on any relevant Related Exchange.
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