Underlying Derivative definition
Underlying Derivative means, in relation to a Derivatives Market Contract or a Derivatives CCP Contract, the Derivative which underlies that transaction, as determined by the Approved Listing Market Operator.
Examples of Underlying Derivative in a sentence
Subscriber is not an underwriter and acquired the Units, Common Stock, Series A Warrants, and Underlying Derivative Securities solely for investment for his/her own account and not with a view to, or for, resale in connection with any distribution of securities within the meaning of the Federal Securities Acts, the Nevada, California, Idaho State Securities Acts, or any other applicable State Securities Acts.
Furthermore, normal pricing relationships between the Underlying Derivative and the Derivative traded may not exist.