The convergence song
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On the day that ISDA Publishes its proposal for greater collaboration between derivatives and SFT markets
Ode to the a world of peace and harmony between warring asset classes
(With apologies to Pink Floyd)
If you didn’t confirm
You had an ISDA with me
And I didn’t trade
On a GMSLA too
We would zig zag our way
Through the boredom and pain
Occasionally glancing up through the rain[1]
Wondering which of the industry associations to blame
And watching
For pigs on the wing
See also
References
- ↑ Hedged with weather derivatives, of course.