Exercise Exchange Option Notification

From Open Risk Manual

Definition

Exercise Exchange Option Notification. Exchange options are mentioned in the terms and conditions of a security and are valid during the whole lifetime of a security.

SWIFT: "Option for shareholders to exchange their holdings for other secuities and/or cash. Exchange options are mentioned in the terms and conditions of a security and are valid during the whole lifetime of a security."


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.