Template:Nutshell Equity Derivatives 11.3: Difference between revisions

{{eqderivprov|11.3}}. '''{{eqderivprov|Adjustments to Certain Share Transactions and Share Basket Transactions in European Currencies}}'''. If any {{eqderivprov|Shares}} were quoted in a pre-[[Euro]] currency after the {{eqderivprov|Trade Date}} quoted exclusively in {{eqderivprov|euro}} on the relevant {{eqderivprov|Exchange}} or principal market, the {{eqderivprov|Calculation Agent}} will adjust any variable relevant to the {{eqderivprov|Transaction}} to preserve the economic terms of the {{eqderivprov|Transaction}}. The {{eqderivprov|Calculation Agent}} will make necessary conversions as of the {{eqderivprov|Valuation Time}} at an appropriate mid-market spot rate as at the {{eqderivprov|Valuation Time}}. No adjustments under this Section will affect the denomination of any payment due under the {{eqderivprov|Transaction}}. <br>