The document discusses the settlement values of cash-settled index options and the conditions under which these values are determined. It highlights the process for determining exercise settlement values, especially in extraordinary circumstances, and the implications for option holders and writers. The document also addresses the reporting of index levels during trading delays or interruptions.
documents/vol00010-efta01353505-pdf.pdf
{"document_type":"other","key_organizations":["OCC"],"reference_numbers":["EFTA01353505"]}