Examples of Index Day in a sentence
If the Valuation Date is not an Index Day, the Valuation Date shall be postponed to the next following Index Day.
Company’s investment in equity Investments are classified as Fair value through profit or loss.
The Index is calculated on each Index Day using the Valuation Prices for the Index constituents.
Adjustment recommendations must be submitted by the Index Sponsor to the Index Calculation Agent by 3:00 p.m. (local time Zurich) on the respective Index Day at the latest in order to ensure implementation on the same day.
However, the Index Calculation Agent may refuse to include individual instruments in the Index at any time without giving reasons, as well as request removal from the Index or a reduction in the weighting of individual Index components.An Ordinary Adjustment can be made on any Index Day.
The Index Calculation Agent shall always provide adequate notice of changes to the Guide by publishing the modified Guide on the Information Page, dated on the Index Day of its entry into force.Significant changes must be published on the Information Page at least three calendar months before they take effect.In the case of other changes, the modified guide will generally be published on the Information Page at least five Index Days before it takes effect.
The Clearinghouse will on each Index Day make available to the applicable Account Holders the Index used for each applicable Series.4.3.3 The following applies where a Product relates to an Index which is not an Exchange Listed Product, or where the Index is quoted by another entity than the Clearinghouse:a.
The Clearinghouse will on each Index Day make available to the applicable Account Holders the Index used for each applicable Series.
Orders received later may be rejected by the Index Calculation Agent.The new Index composition and the Index Day from which it takes effect shall be decided on a case-by-case basis by the Index Calculation Agent.Ordinary Adjustments are subject to Adjustment Fees in accordance with section 2.5.2 above.
The respective current index level will be determined by the Index Calculation Agent once a day after the close of business for banks in Zurich (Switzerland), rounded to two decimals and normally published by 10:00 a.m. (local time in Zurich) on the next Index Day in accordance with 6.1 below («Closing Level»).One index point corresponds to one unit of the Index Currency.