Calculation Agent: Difference between revisions

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 ====Co-calculation Agent====
-There’s an old saying:
+{{cocalculationagent}}
-''A [[co-calculation agent]] is '''no''' [[calculation agent]].''
-However superficially neat this might seem to the age-old dilemma of who should price the trade, it suffers in one important respect: unless the parties agree on the determination, the parties — er — ''won't'' agree on the determination. And then what do you do?
 ====Other ISDA booklets====