Transaction - ISDA Provision: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
Redirected page to Preamble - ISDA Provision
Tag: New redirect
 
(4 intermediate revisions by the same user not shown)
Line 1: Line 1:
{{isdaanat|preamble}}
#redirect[[Preamble - ISDA Provision]]
What exactly counts as a Transaction under an {{isdama}} is a matter of some moment, because it will determine what you need to take into account when applying close-out netting, and (unless you’ve specified a narrower range of {{csaprov|Covered Transaction}}s) the values you need to calculate when making {{tag|collateral}} calls under a {{csa}}.
 
Unusually, for a document so outrageously verbose in most other respects, the {{isdama}} has little to say on the subject, the {{1992isda}} leaving it entirely to the {{isdaprov|preamble}}:
 
:''... one or more transactions (each a “{{isdaprov|Transaction}}”) that are or will be governed by this {{isdaprov|Master Agreement}}.''
 
And the {{2002ma}} not going much further.
 
:...''“{{isdaprov|Transaction}}” has the meaning specified in the {{isdaprov|preamble}}.''
 
The {{eqdefs}} also define “{{eqderivprov|Transaction}}”, to no apparent point.
 
===[[Netting]]===
These are the types of {{isdaprov|transaction}} that are contemplated for {{isdaprov|netting}} purposes in the {{tag|ISDA}} opinion (for England)
 
*[[Basis swap]]
*[[bond forward]]
*[[bullion option]]
*[[bullion swap]]
*[[bullion trade]]
*[[buy/sell-back transaction]]
*[[cap transaction]]
*[[collar transaction]]
*[[commodity index transaction]]
*[[commodity swap]]
*[[contingent credit default swap]]
*[[credit default swap option]]
*[[credit default swap]]
*[[credit derivative transaction on asset-backed securities]]
*[[credit spread transaction]]
*[[cross currency rate swap]]
*[[currency option]]
*[[economic statistic transaction]]
*[[emissions allowance transaction]]
*[[equity forward]]
*[[equity index option]]
*[[equity option]]
*[[equity swap]]
*[[floor transaction]]
*[[foreign exchange transaction]]
*[[forward rate transaction]]
*[[fund option transaction]]
*[[fund forward transaction]]
*[[interest rate option]]
*[[interest rate swap]]
*[[longevity/mortality transaction]]
*[[physical commodity transaction]]
*[[property index derivative transaction]]
*[[repurchase transaction]]
*[[securities lending transaction]]
*[[swap deliverable contingent credit default swap]]
*[[total return swap]]
*[[weather index transaction]]

Latest revision as of 07:28, 23 August 2024