Template:M summ Equity Derivatives 12.6: Difference between revisions

Template:M summ Equity Derivatives 12.6 (view source)

62 bytes added , 21 April 2022

no edit summary

82,891

edits

@@ Line 6: / Line 6: @@
 Note that a {{eqderivprov|Delisting}} covers full cessation of trading but not a suspension of trading, even if indefinite. But in that case a {{eqderivprov|Hedging Disruption}} or - at a pinch - {{eqderivprov|Increased Cost of Hedging}} ought to get you home.
 ===Hostile governmental action===
-Now imagine that rather than Nationalizing, a national government announced some draconian law preventing corporations in its jurisdiction from accessing the international capital markets even through [[depositary receipt]] programmes — you know, something crazy like that.<ref>Attentive readers may wonder whether this is really a figment of the [[JC]]’s imagination, or something the Russian State ''Duma'' actually did, in April 2022.</ref> So say, ooh: the DRs must be discontinued ten days after the new law is published. The share
+Now imagine that rather than Nationalizing, a national government announced some draconian law preventing corporations in its jurisdiction from accessing the international capital markets even through [[depositary receipt]] programmes — you know, something crazy like that.<ref>Attentive readers may wonder whether this is really a figment of the [[JC]]’s imagination, or something the Russian State ''Duma'' actually did, in April 2022.</ref> So say, ooh: the DRs must be converted into underlying shares within a stipulated period, failing which ten days after the new law is published. The share
 *An underlying local issuer