The convergence song
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.
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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.