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How are the Closing Levels Calculated?
The CL is the closing level of the applicable index one business day prior to the maturity date. If the applicable exchange for a non-Canadian index is not open for trading on such day, the preceding day on which the non-Canadian exchange is open for trading will be used for the purpose of determining the CL of that particular index.
Please note that the answers to the questions are for information purposes only for the products discussed. Individual circumstances may vary. In case of discrepancy, the documentation prevails.