Examples of Reference Instrument in a sentence
A deciding factor is whether the Derivatives Exchange considers it expedient to adjust the contract size, an underlying or in- volving the relevant Reference Exchange which determines the price of the Reference Instrument.
If neither futures nor options linked to the Reference Instrument are traded on the Derivatives Exchange, the adjust- ment shall be made in such a manner in which the Derivatives Exchange would do so if corresponding fu- tures or options were traded there.
The Factor Index therefore reflects a "long" strategy.The Factor Index consists of a leverage component and a financing component.Leverage componentThe leverage component tracks an investment in the Reference Instrument, whereby movements in the price of the Reference Instrument are multiplied by the Leverage (Factor).
In the event of an Extraordinary Adjustment Event occurring in relation to the Reference Instrument, the Index Calculation Agent will adjust the index calculation on the Reference Date (as defined below).
The respective current index level is calculated by the Index Calculation Agent on a continuous basis during the trading period of the Reference Instrument on the Reference Exchange on each Index Calculation Day, rounded to two decimal places and published in accordance with section E).One index point corresponds to one unit of the Index Currency.