Template:M comp disc Equity Derivatives 6.6: Difference between revisions

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You roll it for eight days, at which point the {{eqderivprov|Calculation Agent}} makes its [[good faith]] determination.
You roll it for eight {{eqderivprov|Scheduled Trading Days}}, at the end of which, if the distortion hasn’t lifted, the {{eqderivprov|Calculation Agent}} makes its [[good faith]] determination and I've carries serenely on.


Not routinely negotiated because, realistically when would an {{eqderivprov|Exchange}} be closed for 8 continuous business days?
Not routinely negotiated because, realistically when would an {{eqderivprov|Exchange}} be closed for 8 successive {{eqderivprov|Scheduled Trading Days}}?


What do you mean, “if there was a global respiratory virus epidemic and the entire Western world’s financial system shut down indefinitely?  
What do you mean, “if there was a global respiratory virus epidemic and the entire Western world’s financial system shut down indefinitely?  


Oh come ''on''. Try to be vaguely be realistic. We’re not living in a flipping Jerry Bruckheimer movie for goodn —
Oh come ''on''. Try to be ''vaguely'' realistic. We’re not living in a flipping Jerry Bruckheimer movie for goodn —


Oh, hang on a minute.
Oh, hang on a minute.

Revision as of 23:30, 26 March 2020

You roll it for eight Scheduled Trading Days, at the end of which, if the distortion hasn’t lifted, the Calculation Agent makes its good faith determination and I've carries serenely on.

Not routinely negotiated because, realistically when would an Exchange be closed for 8 successive Scheduled Trading Days?

What do you mean, “if there was a global respiratory virus epidemic and the entire Western world’s financial system shut down indefinitely?

Oh come on. Try to be vaguely realistic. We’re not living in a flipping Jerry Bruckheimer movie for goodn —

Oh, hang on a minute.