Template:Nutshell GMRA 2000 2(cc): Difference between revisions

Template:Nutshell GMRA 2000 2(cc) (view source)

101 bytes removed , 27 May 2022

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-{{gmraprov|2(cc)}} “'''{{gmraprov|Market Value}}'''”, for any {{gmraprov|Securities}} at any time means their price obtained from a mutually acceptable source for the earliest available delivery date plus accrued but unpaid {{gmraprov|Income}} (if not included in that price), converted if necessary into the relevant {{gmraprov|Contractual Currency}}  at the prevailing {{gmraprov|Spot Rate}}. Where {{gmraprov|Securities}} are suspended, their price will be
+{{gmraprov|2(cc)}} “'''{{gmraprov|Market Value}}'''” means any {{gmraprov|Securities}}’ price obtained from a mutually acceptable source for the earliest available delivery date plus accrued {{gmraprov|Income}} (if not included in that price), converted into the {{gmraprov|Contractual Currency}} at the {{gmraprov|Spot Rate}}. Where {{gmraprov|Securities}} are suspended, for {{gmraprov|Margin Maintenance}} their price will be nil, and for other purposes, it will be their closing price on the last dealing day before they were suspended. <br>
-:(a) For the purposes of {{gmraprov|Margin Maintenance}} nil; and
-:(b) For all other purposes, their price as of close of business on the last dealing day before they were suspended; <br>