Epstein File EFTA01353470: Holder and Session (DS10)

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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01353470: Holder and Session (DS10)

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A document excerpt discussing cash-settled options trading, abbreviated trading sessions, and the rights and obligations of option holders and writers. The text addresses settlement procedures and the authority of the OCC to suspend settlement obligations. This appears to be from a financial or trading regulatory document.

👤 Named in This Document

Eric Holder

🔑 Evidence Keywords

session

📋 Key Excerpts3

PersonKeyword

Excerpt 1

expire on a trading day-as is the case with the cash-settled options traded at the date of this booklet-there will ordinarily be an abbreviated trading **session**

Excerpt 2

If a cash-settled foreign currency option is exer- cised based upon a reported exercise settlement value that is in error, the **holder** and the writer will

Excerpt 3

is unavailable for purposes of calculating the cash settle- ment amount, OCC has the authority to suspend the settlement obligations of the exercising **holder**