Reference Instrument definition
Examples of Reference Instrument in a sentence
Such trading or hedging transactions may have a neg- ative impact on the value of the Reference Instrument and thus have a negative impact on the Underlying and the value of the Securities.
The respective current index lev- el is calculated by the Index Calculation Agent on a continuous basis during the trading period of the Reference Instrument on the Reference Exchange on each Index Calculation Day, rounded to two dec- imal places and published in accordance with section E).
This leverage effect occurs with either positive or negative movements in the price of the Reference Instrument, having a disproportionate effect on the value of the Factor Index.
The financing component reflects the income and costs that would be incurred in the event of a cor- responding investment in the Reference Instrument.
The leverage component tracks an investment in the Reference Instrument, whereby movements in the price of the Reference Instrument are multiplied by the Leverage (Factor).