Template:M summ Equity Derivatives 12.8(a)

Cancellation Amount is a beast of a definition. But when you boil it down, it’s pretty straightforward. It applies when terminating a Transaction following an Extraordinary Event or an Additional Disruption Event.

Importantly, by dint of Section 12.8(e), the Determining Party may pass through hedge breakage costs and losses.

---

Cancellation Amount in a Nutshell™ _{(Equity Derivatives edition)}

Template:Nutshell Equity Derivatives Cancellation Amount

view template

---