Derivatives Exchange means Chicago Board Options Exchange. "Interest Rate" means USD LIBOR O/N (overnight).LIBOR stands for London InterBank Offered Rate. LIBOR is an average interest rate based on infor- mation submitted by the contributing banks. The panel banks indicate the interest rates at which they are able to refinance their own interbank activities in the relevant currency for the relevant term on an unsecured basis. To calculate the reference interest rate, the highest and lowest quar- tiles of these interest rates are eliminated, and the remaining interest rates are averaged. LIBOR is calculated for 7 different terms and 5 different currencies. The LIBOR interest rates (ICE Libor) are administered by ICE Benchmark Administration Limited (IBA) and determined each business day at 11 a.m. (London time). LIBOR O/N (overnight) stands for terms of 1 day.If the Interest Rate is not set or published on an Index Calculation Day, the Interest Rate applied on the immediately preceding Index Calculation Day is used to calculate the index in accordance with section C).If the Interest Rate has neither been set nor published for ten consecutive Index Calculation Days, the Index Calculation Agent has the right and obligation to stipulate in its reasonable discretion an alternative relevant Interest Rate which has functions comparable to the previous Interest Rate.
Derivatives Exchange means Eurex. "Interest Rate" means EONIA.EONIA (Euro Over Night Index Average) is a weighted average interest rate for overnight in- terbank money calculated act/360 by the European Central Bank since 4 January 1999 on the basis of effective turnover.If the Interest Rate is not set or published on an Index Calculation Day, the Interest Rate ap- plied on the immediately preceding Index Calculation Day is used to calculate the index in ac- cordance with section C).If the Interest Rate has neither been set nor published for ten consecutive Index Calculation Days, the Index Calculation Agent has the right and obligation to stipulate in its reasonable discretion an alternative relevant Interest Rate which has functions comparable to the previ- ous Interest Rate.
Derivatives Exchange means Nasdaq OMX Stockholm. "Interest Rate" means STIBOR T/N (Tomorrow/Next).STIBOR T/N stands for Stockholm Interbank Offered Rate Overnight and is set each business day in Sweden at 11:00 a.m. (CET). It is a Swedish kronor interbank interest rate at which banks selected by the Svenska Bankföreningen (Swedish Bankers' Association) are prepared to lend Swedish kronor to each other for a term of one day.If the Interest Rate is not set or published on an Index Calculation Day, the Interest Rate ap- plied on the immediately preceding Index Calculation Day is used to calculate the index in ac- cordance with section C).If the Interest Rate has neither been set nor published for ten consecutive Index Calculation Days, the Index Calculation Agent has the right and obligation to stipulate in its reasonable discretion an alternative relevant Interest Rate which has functions comparable to the previ- ous Interest Rate.
Examples of Derivatives Exchange in a sentence
Chris also currently serves the compliance officer for Quedex Bitcoin Derivatives Exchange, which he joined in April 2018.
The deciding factor is whether the Derivatives Exchange deems an adjustment of the contract size, an underlying or the involvement of relevant Reference Exchange determining the price of the Reference Instrument to be necessary.
If neither futures nor options linked to the Reference Instrument are traded on the Derivatives Exchange, the adjustment shall be made in a manner in which the Derivatives Exchange would do so if corresponding futures or options were traded there.
Such adjustments may in particular relate to the stipulation of a different Reference Exchange, Derivatives Exchange or Reference Instrument Price.The list of Extraordinary Adjustment Events listed in section B) is not exhaustive.
The cash market or ready delivery market, on the other hand, is a time-tested market system, which is used in all forms of business to transfer title of goods.In the year 2004, National Commodity & Derivatives Exchange Limited (NCDEX), located at Mumbai having operations in 390 centres started operations in futures trading.
More Definitions of Derivatives Exchange
Derivatives Exchange means Eurex.
Derivatives Exchange means Nasdaq OMX Stockholm. "Interest Rate" means DKK T/N.The DKK T/N (Tomorrow/ Next) interest rate is an uncollateralised day-to-day interest rate for mon- ey-market lending calculated and published by Danmarks Nationalbank. The T/N market comprises lending starting on the first banking day after the transaction date and expiring on the second banking day after the transaction date. Calculation of the T/N interest rate is based on daily reports from the largest banks in the Danish money market. It is calculated as a turnover-weighted average of interest rates on actual lending. The Danish Bankers Association has the overall responsibility of the T/N interest rate.If the Interest Rate is not set or published on an Index Calculation Day, the Interest Rate applied on the immediately preceding Index Calculation Day is used to calculate the index in accordance with section C).If the Interest Rate has neither been set nor published for ten consecutive Index Calculation Days, the Index Calculation Agent has the right and obligation to stipulate in its reasonable discretion an alternative relevant Interest Rate which has functions comparable to the previous Interest Rate.
Derivatives Exchange means Thailand Futures Exchange Public Company Limited.
Derivatives Exchange means any body corporate in relation to which an approval under subsection 8(2) is in force;
Derivatives Exchange means Chicago Board Options Exchange.
Derivatives Exchange means a securities exchange which has been granted a license to list exchange-traded derivative contracts by the Authority under the Act or approved for such purposes and in accordance with the regulations issued thereunder;
Derivatives Exchange means Nasdaq OMX Stockholm. "Interest Rate" means XXXXXX T/N (Tomorrow/Next). XXXXXX T/N stands for Stockholm Interbank Offered Rate Overnight and is set each business day in Sweden at 11:00 a.m. (CET). It is a Swedish kronor interbank interest rate at which banks selected by the Svenska Bankföreningen (Swedish Bankers' Association) are prepared to lend Swedish kronor to each other for a term of one day. If the Interest Rate is not set or published on an Index Calculation Day, the Interest Rate ap- plied on the immediately preceding Index Calculation Day is used to calculate the index in ac- cordance with section C). If the Interest Rate has neither been set nor published for ten consecutive Index Calculation Days, the Index Calculation Agent has the right and obligation to stipulate in its reasonable discretion an alternative relevant Interest Rate which has functions comparable to the previ- ous Interest Rate.