Reference Market-makers - 1992 ISDA Provision

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In gory detail

1992 ISDA
Reference Market-makers” means four leading dealers in the relevant market selected by the party determining a Market Quotation in good faith (a) from among dealers of the highest credit standing which satisfy all the criteria that such party applies generally at the time in deciding whether to offer or to make an extension of credit and (b) to the extent practicable, from among such dealers having an office in the same city.

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2002 ISDA
Template:ISDA Master Agreement 2002 Reference Market-makers
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Commentary

See Also