Template:M summ Equity Derivatives 12.7: Difference between revisions

Template:M summ Equity Derivatives 12.7 (view source)

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 But alas, having had the energy to contemplate this vanishingly remote scenario, our ninja friends didn’t have the diligence left to write out what should happen properly, and as a result, what Section {{eqderivprov|12.7(c)}}(ii) tells the co-{{eqderivprov|Determining Parties}} to do doesn’t make any sense.
-In fairness, simply ''having'' co-{{eqderivprov|Determining Parties}} doesn’t make any sense, but that won’t do as an excuse: if you insist on contemplating something stupid, you should at least work it through properly, so stupid parties who fall into the trap of thinking you knew what you were doing when you drafted the option, and who therefore select it, don’t get themselves into bother later, which we regret to say they will, if they select two {{eqderivprov|Determining Parties}}. Not many do, but it is not unheard of.
+In fairness, simply ''having'' co-{{eqderivprov|Determining Parties}} doesn’t make any sense, but that won’t do as an excuse: if you insist on contemplating something unnecessary, you should at least work it through properly, so [[negotiator]]s who fall into the trap of thinking you knew what you were doing when you drafted the option, and who therefore select it, don’t get themselves into bother later, which we regret to say they will, if they select two {{eqderivprov|Determining Parties}}. Not many do, but it is not unheard of.
 But first things first.