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

{{eqderivprov|6.3(d)}} '''{{eqderivprov|Early Closure}}'''. "'''{{eqderivprov|Early Closure}}'''" means the closure on any Exchange Business Day of <br>the relevant {{eqderivprov|Exchange}} (or in the case of an {{eqderivprov|Index Transaction}} or {{eqderivprov|Index Basket Transaction}}, any relevant <br>{{eqderivprov|Exchange}}(s) relating to securities that comprise 20 percent or more of the level of the relevant {{eqderivprov|Index}}) or <br>any {{eqderivprov|Related Exchange}}(s) prior to its {{eqderivprov|Scheduled Closing Time}} unless such earlier closing time is <br>announced by such {{eqderivprov|Exchange}}(s) or {{eqderivprov|Related Exchange}}(s) at least one hour prior to the earlier of (i) the <br>actual closing time for the regular trading session on such {{eqderivprov|Exchange}}(s) or {{eqderivprov|Related Exchange}}(s) on such <br>{{eqderivprov|Exchange Business Day}} and (ii) the submission deadline for orders to be entered into the {{eqderivprov|Exchange}} or <br>{{eqderivprov|Related Exchange}} system for execution at the {{eqderivprov|Valuation Time}} on such {{eqderivprov|Exchange Business Day}}. <br>