ETP Security Value definition

ETP Security Value has the meaning given to it in Condition 5.
Sample 1Sample 2Sample 3
ETP Security Value in respect of any Valuation Date (which is not a Disrupted Day and on which an Unscheduled Rebalance does not occur) shall be calculated as follows:
Sample 1Sample 2Sample 3

Examples of ETP Security Value in a sentence

  • If there are no Authorised Participants, or the Authorised Participant(s) fail to effectively make a market in the ETP Securities of a Series, the investors may not be able to sell any such ETP Securities within a short time period, or at a price close to the ETP Security Value for that Series.

  • If a Valuation Date is a Disrupted Day, then with respect to a Series of ETP Securities: the calculation and publication of the ETP Security Value in respect of such Valuation Date will be postponed to the next following Valuation Date that is not a Disrupted Day; the Issuer shall use reasonable efforts, to the extent that all required information is available to it, to publish an indicative price in respect of each ETP Security on the Issuer’s Website, solely for information purposes.

Related to ETP Security Value

  • Equity Value means the price an item can be reasonably expected to sell for on the local open market minus any encumbrances.