Template:M comp disc Equity Derivatives 12.9(b)(ii): Difference between revisions

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===[[Physical settlement]] only===
===[[Physical settlement]] only===
A beast of a definition, even when nutshelled, but relevant only if [[physical settlement]] is your bag. If you cash settle your [[equity swap|equity swaps]] — and in synthetic prime brokerage, that’s kinda the point, you know — you can keep on truckin’.
[[12.9(b)(ii) - Equity Derivatives Provision|A]] beast of a definition, even when nutshelled, but relevant only if [[physical settlement]] is your bag. If you cash settle your [[equity swap|equity swaps]] — and in synthetic prime brokerage, that’s kinda the point, you know — you can keep on truckin’.


On that note: RIGHT HAND TURN, CLYDE.
On that note: RIGHT HAND TURN, CLYDE.

Revision as of 14:40, 18 January 2021

Physical settlement only

A beast of a definition, even when nutshelled, but relevant only if physical settlement is your bag. If you cash settle your equity swaps — and in synthetic prime brokerage, that’s kinda the point, you know — you can keep on truckin’.

On that note: RIGHT HAND TURN, CLYDE.