Single Touch
About 2 min
Single Touch
Visit the Mathema Option Pricing System for foreign exchange options and structured product valuation!
I. Transaction Details
Underlying Asset | EUR/USD Spot Exchange Rate, Bloomberg Code: EURUSD. Refers to the mid-price of EUR/USD displayed on Bloomberg "BFIX" page (or its successor) under the "Mid" heading at 15:00 Tokyo time (14:00 Beijing time) on the relevant observation date (expressed as the amount of USD per 1 EUR). If this price is unavailable, the calculation agent will determine the applicable rate in good faith and in a commercially reasonable manner. |
Notional Amount | 【XXX,XXX,XXX.XX】 RMB |
Trade Date | The date on which Party A and Party B actually enter into the transaction. |
Start Date | The date on which the transaction becomes effective. |
Maturity Date | The date on which the transaction matures. If this is not a business day, it will be adjusted to the next business day. If the Final Observation Date is adjusted, the Maturity Date will also be adjusted accordingly. |
Trading Day | Each day on which Bloomberg plans to publish the price of the underlying asset on the Bloomberg BFIX page (or its successor) according to its effective BFIX rules. |
Business Day | A day when both stock exchanges and commercial banks in the People's Republic of China are open for business. |
Settlement Date | The date on which Party A and Party B settle the payment. If this is not a business day, it will be adjusted to the next business day. If the Final Observation Date is adjusted, the Settlement Date will also be adjusted accordingly. |
Initial Observation Date | If the Initial Observation Date is not a trading day, it will be adjusted to the next trading day. |
Final Observation Date | If the Final Observation Date is not a trading day or business day, it will be adjusted to the next trading day. |
Observation Dates | All trading days from (and including) the Initial Observation Date to (and including) the Final Observation Date. |
Tenor | The total number of days from (and including) the Start Date to (but excluding) the Maturity Date. |
Initial Price | The price of the underlying asset on the Initial Observation Date. 【1.XXXXX】 |
Settlement Currency | RMB. |
Calculation Basis | Annualized. |
II. Settlement Payment Terms
Strike Price | 【】 |
Exercise Yield | Exercise Yield 1 Exercise Yield 2. (If, on all Observation Dates, the price of the underlying asset is greater than or equal to the Strike Price, the Observation Yield = Exercise Yield 1; If, on any Observation Date, the price of the underlying asset is less than the Strike Price, the Observation Yield = Exercise Yield 2.) |
Option Settlement Amount | If the calculation basis is annualized, the Option Settlement Amount = Notional Amount × Observation Yield × Actual Days from (and including) the Start Date to (but excluding) the Maturity Date / 365, rounded to 0.01 RMB; If the calculation basis is non-annualized, the Option Settlement Amount = Notional Amount × Observation Yield, rounded to 0.01 RMB. |
Option Settlement Payment Date | 【XXXX】Y【XX】M【XX】D |
Option Settlement Payer | Party A |
III. Fee Payment Terms
Option Fee Rate | 【】 |
Option Fee | If the calculation basis is annualized, the Option Fee = Notional Amount × Option Fee Rate × Actual Days from (and including) the Start Date to (but excluding) the Maturity Date / 365, rounded to 0.01 RMB; If the calculation basis is non-annualized, the Option Fee = Notional Amount × Option Fee Rate, rounded to 0.01 RMB. |
Option Fee Payment Date | 【XXXX】年【X】月【XX】日 |
Option Fee Payer | Party B |
Net Settlement Explanation | Applicable. Payment obligations arising on the same day will be net settled, with the net amount rounded to 0.01 RMB. |