OpenLegislation

Division 2 The following conversion methods shall be applied to the non-exhaustive list below of financial instruments which embed derivatives:

United Kingdom

Original text. Later amendments are not shown.

— Convertible bonds

  • Number of referenced shares * market value of underlying referenced shares * delta

    • — Credit linked notes

  • Market value of underlying reference asset(s)

    • — Partly paid securities

  • Number of shares/bonds * market value of underlying referenced instruments

    • — Warrants and rights

  • Number of shares/bonds * market value of underlying referenced instrument * delta