element <composite> (local)
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Type: |
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Content: |
complex, 3 elements |
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XML Representation Summary |
<composite> |
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</composite> |
Content model elements (3):
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Included in content model of elements (4):
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Annotation
If “Composite” is specified as the Settlement Type in the relevant Transaction Supplement, an amount in the Settlement Currency, determined by the Calculation Agent as being equal to the number of Options exercised or deemed exercised, multiplied by: (Settlement Price – Strike Price) / (Strike Price – Settlement Price) x Multiplier provided that if the above is equal to a negative amount the Option Cash Settlement Amount shall be deemed to be zero.
XML Source (w/o annotations (1); see within schema source)