Dealers Seek Revision Of Close-Out Price Formula

Derivatives dealers are seeking a revision of the methodology used to calculate close-out prices on trades after a break clause has been exercised, claiming the current formula produces inaccurate close-out values.

  • 05 Mar 2012

Derivatives dealers are seeking a revision of the methodology used to calculate close-out prices on trades after a break clause has been exercised, claiming the current formula produces inaccurate close-out values.

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Subtotal 172.30 3 100.00%

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