Document ID: chunk:federal_register_of_legislation:F2024C01137:reg:26
Version: federal_register_of_legislation:F2024C01137
Segment Type: reg
Provision Reference: reg 26
Character Range: 111206–113610

26                                                                         Notional amount—Leg 1                            The notional amount, or payout where a single fixed payment is made based on certain conditions being met during the term of the OTC Derivative the subject of the Reportable Transaction, taken from, or determined in accordance with, the trade confirmation of the Reportable Transaction.                                                                                                                                           A number of not more than 25 numerals, with no more than 5 numerals after the decimal point.                                                                              For Reportable Transactions that are commodity derivatives, any numeric value.
                                                                                                                            If no notional amount is specified in, or determinable in accordance with, the trade confirmation of the Reportable Transaction, the amount calculated by multiplying the amount reported as Total notional quantity—Leg 1 (item 28 below) by:                                                                                                                                                                                                                                                                                                                                                                     For Reportable Transactions that are not commodity derivatives, any numeric value greater than or equal to zero.
                                                                                                                               1.      if the Reportable Transaction is an option, the value reported for Strike price (item 59 below);
                                                                                                                               2.      if the Reportable Transaction is not an option, the value reported for Price (item 47 below); or
                                                                                                                               3.      if Strike price (item 59 below) and Price (item 47 below) are not applicable to the Reportable Transaction, the market price for the underlier at the time of the transaction.