Enum: ShareExtraordinaryEventEnum

The enumerated values to specify the consequences of extraordinary events relating to the underlying.

URI: common_domain_model:ShareExtraordinaryEventEnum

Permissible Values

Value	Meaning	Description
AlternativeObligation	None	The trade continues such that the underlying now consists of the New Shares a…
CancellationAndPayment	None	The trade is cancelled and a cancellation fee will be paid by one party to th…
OptionsExchange	None	The trade will be adjusted by the Calculation Agent in accordance with the ad…
CalculationAgent	None	The Calculation Agent will determine what adjustment is required to offset an…
ModifiedCalculationAgent	None	The Calculation Agent will determine what adjustment is required to offset an…
PartialCancellationAndPayment	None	Applies to Basket Transactions
Component	None	If this is a Share-for-Combined merger event (Shares are replaced with New Sh…

Slots

Name	Description
shareForShare	Shall occur if a Merger Event occurs and the consideration for the relevant S…
shareForOther	Shall occur if a Merger Event occurs and the consideration for the relevant S…
shareForCombined	Shall occur if a Merger Event occurs and the consideration for the relevant S…

Identifier and Mapping Information

Schema Source

• from schema: https://w3id.org/lmodel/common-domain-model

LinkML Source

name: ShareExtraordinaryEventEnum
description: The enumerated values to specify the consequences of extraordinary events
  relating to the underlying.
from_schema: https://w3id.org/lmodel/common-domain-model
rank: 1000
permissible_values:
  AlternativeObligation:
    text: AlternativeObligation
    description: The trade continues such that the underlying now consists of the
      New Shares and/or the Other Consideration, if any, and the proceeds of any redemption,
      if any, that the holder of the underlying Shares would have been entitled to.
  CancellationAndPayment:
    text: CancellationAndPayment
    description: The trade is cancelled and a cancellation fee will be paid by one
      party to the other.
  OptionsExchange:
    text: OptionsExchange
    description: The trade will be adjusted by the Calculation Agent in accordance
      with the adjustments made by any exchange on which options on the underlying
      are listed.
  CalculationAgent:
    text: CalculationAgent
    description: The Calculation Agent will determine what adjustment is required
      to offset any change to the economics of the trade. If the Calculation Agent
      cannot achieve this, the trade goes to Cancellation and Payment with the Calculation
      Agent deciding on the value of the cancellation fee. Adjustments may not be
      made to account solely for changes in volatility, expected dividends, stock
      loan rate or liquidity.
  ModifiedCalculationAgent:
    text: ModifiedCalculationAgent
    description: The Calculation Agent will determine what adjustment is required
      to offset any change to the economics of the trade. If the Calculation Agent
      cannot achieve this, the trade goes to Cancellation and Payment with the Calculation
      Agent deciding on the value of the cancellation fee. Adjustments to account
      for changes in volatility, expected dividends, stock loan rate or liquidity
      are allowed.
  PartialCancellationAndPayment:
    text: PartialCancellationAndPayment
    description: Applies to Basket Transactions. The portion of the Basket made up
      by the affected Share will be cancelled and a cancellation fee will be paid
      from one party to the other. The remainder of the trade continues.
  Component:
    text: Component
    description: If this is a Share-for-Combined merger event (Shares are replaced
      with New Shares and Other Consideration), then different treatment can be applied
      to each component if the parties have specified this.