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Clearing and Settlement of Derivatives
book

Clearing and Settlement of Derivatives

by David Loader
September 2005
Intermediate to advanced
272 pages
9h 8m
English
Butterworth-Heinemann
Content preview from Clearing and Settlement of Derivatives
exceptionally, such Corporate Event also becomes effective during that same
trading session. In such circumstances, the Exchange will suspend trading
in the Individual Equity Option Contract, potentially for the remainder of
that trading session, for the necessary contract adjustments to be made. In
contrast, Universal Stock Futures Contracts (cash settlement) and
Universal Stock Futures Contracts (physical delivery) will remain open for
trading on a ‘cum entitlement’ basis for the remainder of the trading ses-
sion, and the necessary contract adjustments will be made after the close of
business.
Member firms should draw ...
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Publisher Resources

ISBN: 9780750664523