Effective Date - ISDA Definition: Difference between revisions

Effective Date - ISDA Definition (view source)

381 bytes removed , 30 September 2019

no edit summary

82,882

edits

@@ Line 1: / Line 1: @@
 {{isdadefsanat|3.2}}
-The day when everything starts for real on a {{isdaprov|Transaction}} — at which point payments start happening, {{isdadefsprov|Calculation Period}} begin to run and so on. To be contrasted with the {{isdadefsprov|Trade Date}}, being the date when traded and went “on risk” — at that point you struck your prices ([[Initial Price - Equity Derivatives Provision|Initial Price]], [[Strike Price - Equity Derivatives Provision|Strike Price]], so on).
+Amazing how many words you can contrive to take to say nothing when you put your mind to it. The first day of your Transaction. Thanks for writing in, ISDA.
-So the sequence is {{isdadefsprov|Trade Date}}, {{isdadefsprov|Effective Date}} —  — and {{isdadefsprov|Termination Date}}.
+{{effective date trade date termination date}}