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What if my transaction is a hedging transaction that should settle in the same way as, for example, an underlying CLN?

April 26, 2017CLN hedging transaction underlying

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What if my transaction is a hedging transaction that should settle in the same way as, for example, an underlying CLN?

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Bespoke Portfolio Transactions that are expressly linked to a specific underlying portfolio, for example linked to CLNs are covered by the Protocol but are excluded from the auction by the Form of Auction Settlement Terms. Such transactions will incorporate the Supplement but will not settle pursuant to the Auction.