Template:Nutshell Equity Derivatives 6.1: Difference between revisions

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Section {{eqderivprov|6.1}}. “'''{{eqderivprov|Valuation Time}}'''” means the time on the [[relevant]] {{eqderivprov|Valuation Date}} or {{eqderivprov|Averaging Date}} specified in the related {{eqderivprov|Confirmation}} or, if not specified, the {{eqderivprov|Scheduled Closing Time}} on the {{eqderivprov|Exchange}} on for the {{eqderivprov|Index}} or {{eqderivprov|Share}} on that date. If the {{eqderivprov|Exchange}} closes before its {{eqderivprov|Scheduled Closing Time}} and the {{eqderivprov|Valuation Time}} is after the time it actually closes, then the {{eqderivprov|Valuation Time}} will be that actual closing time. <br>
{{eqderivprov|6.1}}. “'''{{eqderivprov|Valuation Time}}'''” means the time on the [[relevant]] {{eqderivprov|Valuation Date}} or {{eqderivprov|Averaging Date}} specified in the related {{eqderivprov|Confirmation}} or, if not specified, the {{eqderivprov|Scheduled Closing Time}} on the {{eqderivprov|Exchange}} on for the {{eqderivprov|Index}} or {{eqderivprov|Share}} on that date. If the {{eqderivprov|Exchange}} closes before its {{eqderivprov|Scheduled Closing Time}} and the {{eqderivprov|Valuation Time}} is after the time it actually closes, then the {{eqderivprov|Valuation Time}} will be that actual closing time. <br>

Latest revision as of 12:12, 13 May 2022

6.1. “Valuation Time” means the time on the relevant Valuation Date or Averaging Date specified in the related Confirmation or, if not specified, the Scheduled Closing Time on the Exchange on for the Index or Share on that date. If the Exchange closes before its Scheduled Closing Time and the Valuation Time is after the time it actually closes, then the Valuation Time will be that actual closing time.