Template:20 days notice ISDA: Difference between revisions

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Now, this is deep [[ISDA]] lore. It is of the First {{sex|Men}}<ref>I know, I know — ''or'' women, but that spoils the Game of Thrones reference, you know?</ref>. As such — since they didn’t have a written tradition back in 1986; since legends were passed down orally from father to son<ref>See footnote 1 [[and/or]] get a life.</ref> and much has been lost to vicissitude and contingency — it is not a subject on which there is much commentary: That dreadful [[FT book about derivatives]] sagely notes that, usually, much ''less'' notice is given than 20 days (I mean, you don’t ''say'') but doesn’t give a reason for this curious outer bound, in the same way it doesn’t give a reason for much else in the {{isdama}} despite costing a monkey and that being its express purpose. Nor for that matter does the official ISDA User’s Guide to the 2002 {{isdama}}.  
Now, this is deep [[ISDA]] lore. It is of the First {{sex|Men}}<ref>I know, I know — ''or'' women, but that spoils the Game of Thrones reference, you know?</ref>. As such — since they didn’t have a written tradition back in 1986; since legends were passed down orally from father to son<ref>See footnote 1 [[and/or]] get a life.</ref> and much has been lost to vicissitude and contingency — it is not a subject on which there is much commentary: That dreadful [[FT book about derivatives]] sagely notes that, usually, much ''less'' notice is given than 20 days (I mean, you don’t ''say'') but doesn’t give a reason for this curious outer bound, in the same way it doesn’t give a reason for much else in the {{isdama}} despite costing a monkey and that being its express purpose. Nor for that matter does the official ISDA User’s Guide to the 2002 {{isdama}}.  


One is just expected to ''know''. Yet, in point of fact, no-one seems to.  and no-one wants to risk looking stupid by asking, right?
One is just expected to ''know''. Yet, in point of fact, no-one seems to.  And no-one wants to risk looking stupid by asking, right?


Well, companions, just not knowing things is not how we contrarians roll. We ''like'' looking stupid. It is flattering in some lights. So, in the absence of a credentialised, plausible reason, let us ''speculate''.
Well, companions, just not knowing things is not how we contrarians roll. We ''like'' looking stupid. It is flattering in some lights. So, in the absence of a credentialised, plausible reason, let us ''speculate''.