Examples of Barrier Event in a sentence
Argentex does not independently determine whether a Barrier Event or cut has occurred.
If Xxxxxxxx’s counterparty bank/broker informs Argentex that a Barrier Event or cut has occurred, Argentex will in tur n inform the Client of such Barrier Event or cut has occurred.
In general, each counterparty bank/broker deems there to have been a Barrier Event in accordance with their own methodology and criteria, which may include when a transaction occurs in the spot market on their systems that meets certain criteria and/or may include a determination in accordance with third party information services.
For the Type of Option which is Double Knockin, if the Spot Price is at or breaches either Barrier Level 1 or Barrier Level 2 during the Barrier Event Period.