Template:Isda 6(e) comp: Difference between revisions
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{{ | ''Compare with {{isdaprov|Close-out Amount}} under the {{2002ma}}'' | ||
[[6(e)(i) - 1992 ISDA provision|The]] {{1992ma}} [[close-out]] methodology is hideous. They overhauled whole process of closing out an ISDA, soup to nuts, in the {{2002ma}}, and is now much more straightforward — as far as you could ever say that about {{icds}}’s output. But a large part of the fanbase — that part west of Cabo da Roca — sticks with the {{1992ma}}. Odd. | |||
Revision as of 17:02, 1 January 2024
Compare with Close-out Amount under the 2002 ISDA
The 1992 ISDA close-out methodology is hideous. They overhauled whole process of closing out an ISDA, soup to nuts, in the 2002 ISDA, and is now much more straightforward — as far as you could ever say that about ISDA’s crack drafting squad™’s output. But a large part of the fanbase — that part west of Cabo da Roca — sticks with the 1992 ISDA. Odd.