Template:Nutshell Equity Derivatives 8.2: Difference between revisions

Section {{eqderivprov|8.2}}. '''{{eqderivprov|Option Cash Settlement Amount}}'''. “'''{{eqderivprov|Option Cash Settlement Amount}}'''” means, unless otherwise provided in the related {{eqderivprov|Confirmation}}, in respect of each {{eqderivprov|Valuation Date}}:   

:(a) under an {{eqderivprov|Index Option Transaction}} or {{eqderivprov|Index Basket Option Transaction}}, an amount equal to the number of {{eqderivprov|Options}} exercised or deemed exercised on the relevant {{eqderivprov|Exercise Date}} multiplied by the {{eqderivprov|Strike Price Differential}} multiplied by one unit of the {{eqderivprov|Settlement Currency}} multiplied by the {{eqderivprov|Multiplier}}, if any; and  

:(b) under a {{eqderivprov|Share Option Transaction}} or {{eqderivprov|Share Basket Option Transaction}}, an amount equal to the number of {{eqderivprov|Options}} exercised or deemed exercised on the relevant {{eqderivprov|Exercise Date}} multiplied by the {{eqderivprov|Option Entitlement}} multiplied by the {{eqderivprov|Strike Price Differential}}. <br>