Template:Emissions parties overview: Difference between revisions

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(Created page with "Some wiggliness with words here: in an Allowances Transaction one is either ''delivering'' Allowances, in which case you are the Seller of a Forward Sale Transaction, the {{{{{1}}}|Seller}} of a Call Option (i.e., you have the obligation to deliver Allowances when called) or the {{{{{1}}}|Buyer}} of a Put Option (i.e., you have the right to deliver {{{{{1}}}|Allowances}}), or you are ''receiving'' {{{{{1}}}|Allowances}}, in which case you are the {{{{{1}}}|Buyer}} under...")
 
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Some wiggliness with words here: in an Allowances Transaction one is either ''delivering'' Allowances, in which case you are the Seller of a Forward Sale Transaction, the {{{{{1}}}|Seller}} of a Call Option (i.e., you have the obligation to deliver Allowances when called) or the {{{{{1}}}|Buyer}} of a Put Option (i.e., you have the right to deliver {{{{{1}}}|Allowances}}), or you are ''receiving'' {{{{{1}}}|Allowances}}, in which case you are the {{{{{1}}}|Buyer}} under a Forward Purchase Transaction, the {{euaprov|{{{1}}}}} of a Call Option (i.e., you have the right to call for {{{{{1}}}|Allowances}} to be delivered to you) or you are the {{{{{1}}}|Seller}} of a {{{{{1}}}|Put Option}} (i.e., you have the obligation to take delivery {{{{{1}}}|Allowances}} when they are put to you).
Some wiggliness with words here: in an Allowances Transaction one is either ''delivering'' Allowances, in which case you are the {{{{{1}}}|Seller}} of a Forward Sale Transaction, the {{{{{1}}}|Seller}} of a Call Option (i.e., you have the obligation to deliver Allowances when called) or the {{{{{1}}}|Buyer}} of a Put Option (i.e., you have the right to deliver {{{{{1}}}|Allowances}}), or you are ''receiving'' {{{{{1}}}|Allowances}}, in which case you are the {{{{{1}}}|Buyer}} under a Forward Purchase Transaction, the {{{{{1}}}|Buyer}} of a Call Option (i.e., you have the right to call for {{{{{1}}}|Allowances}} to be delivered to you) or you are the {{{{{1}}}|Seller}} of a {{{{{1}}}|Put Option}} (i.e., you have the obligation to take delivery {{{{{1}}}|Allowances}} when they are put to you).


The {{efeta}} prefers just {{efetaprov|Seller}} and {{efetaprov|Buyer}} and doesn’t really use the term “Delivering Party” or “Receiving Party” — except in a completely different context relating to tax, which is sort of stupid, , but the {{ietama}} and the {{emissionsannex}} have a bob each way.
The {{efeta}} prefers just {{efetaprov|Seller}} and {{efetaprov|Buyer}} and doesn’t really use the term “Delivering Party” or “Receiving Party” — except in a completely different context relating to tax, which is sort of stupid, , but the {{ietama}} and the {{emissionsannex}} have a bob each way.

Latest revision as of 16:28, 14 September 2023

Some wiggliness with words here: in an Allowances Transaction one is either delivering Allowances, in which case you are the {{{{{1}}}|Seller}} of a Forward Sale Transaction, the {{{{{1}}}|Seller}} of a Call Option (i.e., you have the obligation to deliver Allowances when called) or the {{{{{1}}}|Buyer}} of a Put Option (i.e., you have the right to deliver {{{{{1}}}|Allowances}}), or you are receiving {{{{{1}}}|Allowances}}, in which case you are the {{{{{1}}}|Buyer}} under a Forward Purchase Transaction, the {{{{{1}}}|Buyer}} of a Call Option (i.e., you have the right to call for {{{{{1}}}|Allowances}} to be delivered to you) or you are the {{{{{1}}}|Seller}} of a {{{{{1}}}|Put Option}} (i.e., you have the obligation to take delivery {{{{{1}}}|Allowances}} when they are put to you).

The EFET Allowances Appendix prefers just Seller and Buyer and doesn’t really use the term “Delivering Party” or “Receiving Party” — except in a completely different context relating to tax, which is sort of stupid, , but the IETA Master Agreement and the ISDA EU Emissions Annex have a bob each way.