Template:Nutshell Equity Derivatives 6.3(c): Difference between revisions

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:{{eqderivprov|6.3(c)}} '''{{eqderivprov|Exchange Disruption}}''' means any event (other than an {{eqderivprov|Early Closure}}) that the {{eqderivprov|Calculation Agent}} determines impedes market participants trading or valuing:
:{{eqderivprov|6.3(c)}} '''{{eqderivprov|Exchange Disruption}}''' means any event (other than an {{eqderivprov|Early Closure}}) that the {{eqderivprov|Calculation Agent}} determines impedes market participants trading or valuing:
::(i) {{eqderivprov|Shares}} on {{eqderivprov|Exchange}} (or for {{eqderivprov|Index Transaction}}s or {{eqderivprov|Index Basket Transaction}}s, on {{eqderivprov|Exchange}}s listing securities comprising at least 20 percent of the {{eqderivprov|Index}} level), or  
::(i) {{eqderivprov|Shares}} on an {{eqderivprov|Exchange}} (or, for {{eqderivprov|Index Transaction}}s and {{eqderivprov|Index Basket Transaction}}s, on {{eqderivprov|Exchange}}s whose securites comprise at least 20 percent of the {{eqderivprov|Index}} level), or  
::(ii) [[futures]] or [[options]] contracts on the {{eqderivprov|Share}} or the {{eqderivprov|Index}} on any {{eqderivprov|Related Exchange}}. <br>
::(ii) [[futures]] or [[options]] contracts on the {{eqderivprov|Share}} or the {{eqderivprov|Index}} on any {{eqderivprov|Related Exchange}}. <br>