Examples of Subject Currency in a sentence
Such Notes may be Index-Linked Notes (linked to an Index or a basket of Indices), Equity-Linked Notes (linked to an Underlying Equity or a basket of Underlying Equities), Fund-Linked Notes (linked to a Fund Interest or a basket of Fund Interests), Currency-Linked Notes (linked to a Subject Currency or a basket of Subject Currencies) or Commodity-Linked Notes (linked to a Commodity or a basket of Commodities).
The Conversion Rate Early equals one if the relevant Subject Currency is the same as the Settlement Currency or otherwise the rate determined by the Calculation Agent during the three-hour period immediately following the occurrence of an Automatic Early Redemption Event by reference to such sources as it considers appropriate acting in good faith and in a commercially reasonable manner, having taken into account relevant market practice.
Investors in a Mini-Future Long expect the Underlying price to rise, i.e. they expect the Base Currency to strengthen against the Subject Currency and do not expect the Financing Level Currency to depreciate against the Settlement Currency.
Investors in a Mini-Future Long expect the Underlying price to rise, i.e. they expect the Base Currency to strengthen against the Subject Currency.
The Conversion Rate Early equals one if the relevant Subject Currency is the same as the Settlement Currency or otherwise the rate determinedby the Calculation Agent during the three-hour period immediately following the occurrence of an Automatic Early Redemption Event by reference to such sources as it considers appropriate acting in good faith and in a commercially reasonable manner, having taken into account relevant market practice.
Such Notes may be Index-Linked Notes (linked to an Index or a basket of Indices), Equity-Linked Notes (linked to an Underlying Equity or a basket of Underlying Equities), Fund-Linked Notes (linked to a Fund Interest or a basket of Fund Interests), Currency-Linked Notes (linked to a Subject Currency or a basket of Subject Currencies), Fund-Linked Notes (linked to a Fund Interest or a basket of Fund Interests) or Commodity-Linked Notes (linked to a Commodity or a basket of Commodities).
Investors in a Mini-Future Short expect the Underlying price to fall, i.e. they expect the Base Currency to weaken against the Subject Currency and do not expect the Financing Level Currency to appreciate against the Settlement Currency.
Underlying Reference Strike Price means the relevant Underlying Reference Strike Price set out in "Specific Provisions for each Series" above (being the number of units (or part units) of the Subject Currency for which one unit of the Base Currency can be exchanged).
Investors in a Mini-Future Short expect the Underlying price to fall, i.e. they expect the Base Currency to weaken against the Subject Currency.
Investors in a Knock-Out Warrant Call expect the Underlying price to rise, i.e. they expect the Base Currency to strengthen against the Subject Currency.