Template:Nutshell Equity Derivatives 6.3(c)
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- 6.3(c) Exchange Disruption means any event (other than an Early Closure) that the Calculation Agent determines impedes market participants trading or valuing:
- (i) Shares on an Exchange (or, for Index Transactions and Index Basket Transactions, on Exchanges whose securites comprise at least 20 percent of the Index level), or
- (ii) futures or options contracts on the Share or the Index on any Related Exchange.