2022 ISDA Securities Financing Transactions Definitions: Difference between revisions

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{{a|myth|
{{a|myth|{{image|Seaplane|png|The doomed [[Linklaters]] [[Securities finance transaction|SFT]] Mariner on a training mission. {{vsr|1953}}}}
[[File:Martin PBM-5 Mariner in flight, circa in 1945 (SDASM 00006374).jpg|450px|thumb|center|The doomed Linklaters SFT Mariner on a training mission]]
}}{{quote|“''As it became obvious [[Flight 19]] was lost, air bases, aircraft, and merchant ships were alerted. The sea over the last reported position was grid searched . After dark, a Linklaters SFT Mariner reconnaissance mission was diverted from a scheduled training flight to perform square pattern searches in the area west of the Synthesian Sea but in its first dispatches reported no remains that would suggest the wreckage of a single [[equity derivative]], let along an entire booklet, were visible. If that were not horrifying enough, more tragedy was soon to strike. After calling in its routine radio update at 1930 hours, announcing that it was suspending its mission and returning to reality, Air Traffic Control lost contact with the Mariner. Neither the plane, nor her crew, nor its payload of [[securities financing transaction regulations]] were ever heard from again.''”
}}{{quote|“''As it became obvious [[Flight 19]] was lost, air bases, aircraft, and merchant ships were alerted. The sea over the last reported position was grid searched . After dark, a Linklaters SFT Mariner reconnaissance mission was diverted from a scheduled training flight to perform square pattern searches in the area west of the securities financing transaction sea but in its first dispatches reported no remains that would suggest the wreckage of a single equity derivative, let along an entire booklet, were visible. After calling in a routine radio message at 19:30 announcing the completion of its mission neither the Mariner nor the SFT definitions it published were never heard from again.''”
:—J. Allen Cynek, ''Beyond The [[Bermuda Option Triangle]]''}}
:—J. Allen Cynek, ''Beyond The [[Bermuda Option - Equity Derivatives Provision|Bermuda Option]] Triangle''}}
 
Interesting that the involved [[industry association]]s were not, even though it is 30 years late and their membership is as close to “common” as makes no difference, able to come together on this one. And ISDA’s claim to copyright is especially interesting.




{{sa}}
{{sa}}
*[[Flight 19]]
*[[Flight 19]]
*[[Bermuda Option Triangle]]
*[[2011 Equity Derivatives Definitions]]
*[[2011 Equity Derivatives Definitions]]

Latest revision as of 10:03, 9 September 2022

Myths and legends of the market
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The doomed Linklaters SFT Mariner on a training mission. (von Sachsen-Rampton, 1953)
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As it became obvious Flight 19 was lost, air bases, aircraft, and merchant ships were alerted. The sea over the last reported position was grid searched . After dark, a Linklaters SFT Mariner reconnaissance mission was diverted from a scheduled training flight to perform square pattern searches in the area west of the Synthesian Sea but in its first dispatches reported no remains that would suggest the wreckage of a single equity derivative, let along an entire booklet, were visible. If that were not horrifying enough, more tragedy was soon to strike. After calling in its routine radio update at 1930 hours, announcing that it was suspending its mission and returning to reality, Air Traffic Control lost contact with the Mariner. Neither the plane, nor her crew, nor its payload of securities financing transaction regulations were ever heard from again.

—J. Allen Cynek, Beyond The Bermuda Option Triangle

Interesting that the involved industry associations were not, even though it is 30 years late and their membership is as close to “common” as makes no difference, able to come together on this one. And ISDA’s claim to copyright is especially interesting.


See also