Template:Isda Preamble comp: Difference between revisions
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Genealogy corner: the Preamble to the {{1987ma}} had an extra feature: the {{{{{1}}}|single agreement}} provision. By 1992, this had been moved to its own little subclause in Section {{{{{1}}}|1(c)}}. | |||
As for the [[modern ISDAs]], there is little material difference between the {{1992ma}} and the {{2002ma}} here. {{icds}} being, by 2002, a more world-weary, battle-hardened combat unit than it was in 1992, was more alive in the {{2002ma}} to the idea that one might confirm {{isdaprov|Transaction}}s other than via a full-blown {{isdaprov|Confirmation}}: those with [[MCA|master confirmation agreement]]s and who match commoditised swap transactions through online trade matching systems may appreciate this acknowledgment. | |||
Revision as of 20:08, 31 January 2024
Genealogy corner: the Preamble to the 1987 ISDA had an extra feature: the {{{{{1}}}|single agreement}} provision. By 1992, this had been moved to its own little subclause in Section {{{{{1}}}|1(c)}}.
As for the modern ISDAs, there is little material difference between the 1992 ISDA and the 2002 ISDA here. ISDA’s crack drafting squad™ being, by 2002, a more world-weary, battle-hardened combat unit than it was in 1992, was more alive in the 2002 ISDA to the idea that one might confirm Transactions other than via a full-blown Confirmation: those with master confirmation agreements and who match commoditised swap transactions through online trade matching systems may appreciate this acknowledgment.