Specified Transaction - ISDA Provision: Difference between revisions
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{{isdasnap|Specified Transaction Definition}} | {{isdasnap|Specified Transaction Definition}} | ||
==Commentary== | ==Commentary== | ||
The {{2002ma}} expands the basic definition of {{isdaprov|Specified Transaction}} to specifically include [[futures]] [[credit derivatives]], [[repo]], [[stock lending]], weather derivatives, [[NDF]]s, trasnactions executed under terms of business and other commodities or similar transactions that is presently or in future becomes common in the financial markets | The {{2002ma}} expands the basic definition of {{isdaprov|Specified Transaction}} to specifically include [[futures]] [[credit derivatives]], [[repo]], [[stock lending]], weather derivatives, [[NDF]]s, trasnactions executed under terms of business and other commodities or similar transactions that is presently or in future becomes common in the financial markets. | ||
{{isdaanatomy}} | {{isdaanatomy}} | ||
*{{isdaprov|Default under Specified Transaction}} | *{{isdaprov|Default under Specified Transaction}} | ||
{{cat1|Glossary}} | {{cat1|Glossary}} |
Revision as of 15:50, 19 July 2012
In gory detail
1992 ISDA |
2002 ISDA
NB - paragraph breaks do not appear in the printed form. |
Commentary
The 2002 ISDA expands the basic definition of Specified Transaction to specifically include futures credit derivatives, repo, stock lending, weather derivatives, NDFs, trasnactions executed under terms of business and other commodities or similar transactions that is presently or in future becomes common in the financial markets.