Template:M comp disc EUA Annex (d)(i)(1): Difference between revisions
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{{emissions comparison| | {{emissions comparison|{{euaprov|Settlement}}|{{ietaprov|Primary Obligation}}|{{efetaprov|Delivery, Acceptance and Scheduling Obligations}}}} | ||
'''[[Situation normal]]... ''': Techy drafting slip from {{icds}}: “Number of Allowances to be Delivered” isn’t a thing: there is “{{euaprov|Number of Allowances}}”, which is the notional size of the {{euaprov|Transaction}}, and then there is {{euaprov|Allowances to be Delivered}} which references the particular number of Allowances to be settled under an {{euaprov|Option}} and thus already builds in a number. | '''[[Situation normal]]... ''': Techy drafting slip from {{icds}}: “Number of Allowances to be Delivered” isn’t a thing: there is “{{euaprov|Number of Allowances}}”, which is the notional size of the {{euaprov|Transaction}}, and then there is {{euaprov|Allowances to be Delivered}} which references the particular number of Allowances to be settled under an {{euaprov|Option}} and thus already builds in a number. |
Revision as of 09:20, 17 October 2023
The same broad concept is dealt with as follows:
- ISDA: Settlement
- EFET: Primary Obligation
- IETA: Delivery, Acceptance and Scheduling Obligations
Situation normal... : Techy drafting slip from ISDA’s crack drafting squad™: “Number of Allowances to be Delivered” isn’t a thing: there is “Number of Allowances”, which is the notional size of the Transaction, and then there is Allowances to be Delivered which references the particular number of Allowances to be settled under an Option and thus already builds in a number.