The document outlines the procedures and adjustments related to credit default options in the event of a credit event, redemption, or succession event. It specifies how options will be adjusted or expire based on these events, including the removal of reference entities from baskets and the adjustment of cash settlement amounts.
documents/vol00010-efta01353488-pdf.pdf
{"key_people":["Company XYZ"],"document_type":"legal","key_organizations":["listing options market"]}