Template:2002 ISDA Equity Derivatives Definitions 12.8(c): Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) Created page with ":12.8(c) In determining a {{eqderivprov|Cancellation Amount}}, the {{eqderivprov|Determining Party}} may consider any relevant <br>information, including, without limitation, ..." |
Amwelladmin (talk | contribs) No edit summary |
||
(One intermediate revision by the same user not shown) | |||
Line 1: | Line 1: | ||
:12.8(c) In determining a {{eqderivprov|Cancellation Amount}}, the {{eqderivprov|Determining Party}} may consider any relevant | :{{eqderivprov|12.8(c)}} In determining a {{eqderivprov|Cancellation Amount}}, the {{eqderivprov|Determining Party}} may consider any relevant information, including, without limitation, one or more of the following types of information: <br> | ||
::(i) quotations (either firm or indicative) for replacement transactions supplied by | ::(i) quotations (either firm or indicative) for replacement transactions supplied by one or more third parties that may take into account the current creditworthiness of the {{eqderivprov|Determining Party}} at the time the quotation is provided and the terms of any relevant documentation, including credit support documentation, between the {{eqderivprov|Determining Party}} and the third party providing the quotation; <br> | ||
::(ii) information consisting of relevant market data in the relevant market supplied by | ::(ii) information consisting of relevant market data in the relevant market supplied by one or more third parties including, without limitation, relevant rates, prices, yields, yield curves, volatilities, spreads, correlations or other relevant market data in the relevant market; or <br> | ||
::(iii) information of the types described in (i) or (ii) above from internal sources | ::(iii) information of the types described in (i) or (ii) above from internal sources (including any {{eqderivprov|Affiliates}} of the {{eqderivprov|Determining Party}}) if that information is of the same type used by the {{eqderivprov|Determining Party}} in the regular course of its business for the valuation of similar transactions.<br> |
Latest revision as of 16:30, 11 August 2014
- 12.8(c) In determining a Cancellation Amount, the Determining Party may consider any relevant information, including, without limitation, one or more of the following types of information:
- (i) quotations (either firm or indicative) for replacement transactions supplied by one or more third parties that may take into account the current creditworthiness of the Determining Party at the time the quotation is provided and the terms of any relevant documentation, including credit support documentation, between the Determining Party and the third party providing the quotation;
- (ii) information consisting of relevant market data in the relevant market supplied by one or more third parties including, without limitation, relevant rates, prices, yields, yield curves, volatilities, spreads, correlations or other relevant market data in the relevant market; or
- (iii) information of the types described in (i) or (ii) above from internal sources (including any Affiliates of the Determining Party) if that information is of the same type used by the Determining Party in the regular course of its business for the valuation of similar transactions.
- (i) quotations (either firm or indicative) for replacement transactions supplied by one or more third parties that may take into account the current creditworthiness of the Determining Party at the time the quotation is provided and the terms of any relevant documentation, including credit support documentation, between the Determining Party and the third party providing the quotation;