Template:Cocalculationagent: Difference between revisions

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(Created page with "There’s an old saying: ''A co-calculation agent is '''no''' calculation agent.'' However superficially neat this might seem to the age-old dilemma of who should...")
 
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''A [[co-calculation agent]] is '''no''' [[calculation agent]].''  
''A [[co-calculation agent]] is '''no''' [[calculation agent]].''  


However superficially neat this might seem to the age-old dilemma of who should price the trade, it suffers in one important respect: unless the parties agree on the determination, the parties — er — ''won't'' agree on the determination. And then what do you do?
However superficially neat this might seem to the age-old [[valuation]] dilemma of who should price the trade, it suffers in one important respect: unless the parties [[agreement to agree|agree]] on the determination, the parties — er — ''won't'' agree on the determination. And then what do you do?

Latest revision as of 14:31, 18 September 2018

There’s an old saying:

A co-calculation agent is no calculation agent.

However superficially neat this might seem to the age-old valuation dilemma of who should price the trade, it suffers in one important respect: unless the parties agree on the determination, the parties — er — won't agree on the determination. And then what do you do?