Template:M summ EUA Annex Parties: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) Created page with "Dear old {{icds}} have even managed to make a dog’s breakfast of this, by introducing two terms for the same party, dependin..." |
Amwelladmin (talk | contribs) m Amwelladmin moved page Template:M summ EUA Annex Delivering Party to Template:M summ EUA Annex Parties |
(No difference)
| |
Revision as of 14:09, 16 December 2022
Dear old ISDA’s crack drafting squad™ have even managed to make a dog’s breakfast of this, by introducing two terms for the same party, depending on its role in the Transaction, and the type of Transaction.
One may be either a Buyer or a Seller; in a Forward ,the Buyer always receives and the Seller always delivers.
But for an Option, depending on whether it is a Call or a Put, a Buyer may be a ISDA or a Receiving Party.
It all seems a bit much like hard work, doesn’t it.