Spot Open definition

Spot Open means the term of a Repo transaction of which the date for the Front Leg is identical with the day on which the transaction was concluded with the addition of two trading days. The date for the Term Leg is the latest possible end date for an Open Repo transaction as specified in Number 2.3 unless one of the participants of the Repo determines an earlier date for the Term Leg during this term.

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Spot Open means the term of a Repo transaction for which the start date for the Front Leg corresponds to the closing day plus two trading days and the date for the Term Leg is the latest possible end date for an Open Repo transaction as specified

Spot Open means the term of a Repo transaction for which the start date for the Front Leg corresponds to the closing day plus two trading days and the date for the Term Leg is the latest possible end date for an Open Repo transaction as specified in Number 3.3 unless one of the participants of the Repo determines an earlier end date for the Term Leg during this term otherwise agreed or specified in Number 3.3.