The convergence song

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The Jolly Contrarian’s Songbook™
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From the well-thumbed pages of the Jolly Contrarian’s songbook
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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

  1. Hedged with weather derivatives, of course.