Examples of Reference Exchange in a sentence
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.
All references to the Reference Exchange contained in this index description shall be deemed to refer analogously to the Substitute Reference Exchange.If in the opinion of the Index Calculation Agent it is not possible, for whatever reason, to stipulate a different relevant index concept, the leverage component shall remain unchanged and the index level shall be determined solely on the basis of the remaining components of the index formula.
The deciding factor is whether the Derivatives Exchange deems an adjustments of the contract size, an underlying or the involvement of relevant Reference Exchange determining the price of the Reference Instrument to be necessary.