Commodity option definition
Commodity option. ’ means agreement or transaction subject to regulation under sec- tion 4c(b) of the Act;
Commodity option means an account, agreement, or contract giving a party to the account, agreement, or contract the right but not the obligation to purchase or sell one or more commodities or one or more commodity contracts, whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty or otherwise, but shall not include an option traded on a national securities exchange registered with the United States securities and exchange commission.
Commodity option means an account, agreement, or contract giving a party to the option the right but not the obligation to purchase or sell one or more commodities or one or more commodity contracts, or both whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty, or otherwise.
More Definitions of Commodity option
Commodity option means any account, agreement, or contract giving a party thereto the right to purchase or sell one or more commodities and/or one or more commodity contracts, whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty or otherwise, but does not include a commodity option traded on a national securities exchange registered with the United States securities and exchange commission.
Commodity option means an account, agreement, or contract giving a party to the
Commodity option shall have the meaning assigned to it in Article 5.11(a) of these General Conditions.
Commodity option means any account, agreement or contract
Commodity option means any account, agree- ment, or contract giving a party thereto the right to purchase or sell one or more commodities and/or one or more com- modity contracts, whether characterized as an option, privi- lege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty or otherwise, but does not include a com- modity option traded on a national securities exchange regis- tered with the United States securities and exchange commis- sion.
Commodity option means a Commodity Call Option or Commodity Put Option without physical delivery of the Commodity, whose underlying asset is the Commodity, whose price movements are used to determine the Exercise Settlement Amount on Exercise Date for the Commodity Option.
Commodity option means a European style of commodity option which is automatically exercised on the relevant Calculation Period(s) as specified in the Confirmation. For this purpose, “European” means a style of option pursuant to which the right or rights granted are exercised only on the Expiration Time as defined in the Confirmation for a Transaction.