The convergence song
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To commemorate ISDA publishing its wistful, somewhat needy proposal for greater collaboration between derivatives and SFT markets, the JC has composed a song — albeit egregiously ripped off from Pink Floyd’s Animals LP.
Ode to forthcoming peace and harmony between asset classes
(With sincere apologies to R. Waters)
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.