Epstein File EFTA01353522: Holder (DS10)

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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01353522: Holder (DS10)

Financial RecordDate unavailableEFTA013535221 keyword hits

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This document is a financial instrument specification describing credit default options. The excerpt explains that prior to automatic exercise, the holder's only means of realizing value is through the option itself, and notes that without a secondary market, the holder may be unable to realize any value from the option.

👤 Named in This Document

Eric Holder

🔑 Evidence Keywords

📋 Key Excerpts2

PersonKeyword

Excerpt 1

Prior to the period when a credit default option has been automatically exercised, the only means through which the **holder** can realize value from the option

Excerpt 2

If a secondary market for such an option is not available, it will not be possible for its **holder** to realize any value from the option at that time. 9.