Examples of OTC Option in a sentence
The proportion of (x) the exposure to each remaining OTC Option in relation to (y) the Index Level as a whole, will not be increased and the formula for determining the Index Level will be adjusted accordingly by the Index Sponsor.
However, you can change some of the attributes to suit the contract you are defining.5.2 Entering Details of OTC Option Contract You can invoke the ‘Options Contract Input’ screen by typing ‘OTDCNONL’ in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button.
In addition, OCC will not accept a Backloaded OTC Option for clearing if OCC receives it from the OTC Trade Source after 4 p.m. Central on the business day that is four business days prior to its expiration.
B 22F::PROC//CLOP The confirmation of a Listed Future, Option or OTC Option should contain at a minimum the mandatory elements as outlined in the US Settlements MP documentation.
Further, Government Customers under this Contract are exempt from Federal Excise Taxes, 26 United States Code Sections 4253(i) and (j).
No OTC Option will be deemed traded on any such day, or on any day on which such Index Disruption Event is continuing, regardless of whether the Index Calculation Agent determines the Index Level on such date in accordance with the provisions of (B) below.
The term “conventional option” means: (A) any option contract not issued, or subject to issuance, by The Options Clearing Corporation (OCC); or (B) an OCC Cleared OTC Option.
Long OTC Option or Warrant With An Expiration Exceeding Nine Months.
No OTC Option will be deemed traded on any such Extraordinary Event Day, or on any day on which such Index Extraordinary Event is continuing, regardless of whether the Index Calculation Agent determines the Index Level on such date in accordance with the provisions of (A) above.
Acceptance of OTC Option introduction services provided by Zhongtai Securities and/or its associates Principal terms: In recent years, the Group’s OTC derivatives business has achieved development at a large scale with solid profits and hold one of the largest market shares.