Template:M comp disc EUA Annex (d)(i)(1): Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
No edit summary
Line 1: Line 1:
{{emissions comparison|isda={{euaprov|Settlement}}|ieta={{ietaprov|Primary Obligation}}|efet={{efetaprov|Delivery, Acceptance and Scheduling Obligations}}.}}
{{emissions comparison|isda={{euaprov|Settlement}}|ieta={{ietaprov|Primary Obligation}}|efeta={{efetaprov|Delivery, Acceptance and Scheduling Obligations}}.}}


'''[[Situation normal]]... ''': Techy drafting slip from {{icds}}: “Number of Allowances to be Delivered” isn’t a thing: there is “{{euaprov|Number of Allowances}}”, which is the notional size of the {{euaprov|Transaction}}, and then there is {{euaprov|Allowances to be Delivered}} which references the particular number of Allowances to be settled under an {{euaprov|Option}} and thus already builds in a number.
'''[[Situation normal]]... ''': Techy drafting slip from {{icds}}: “Number of Allowances to be Delivered” isn’t a thing: there is “{{euaprov|Number of Allowances}}”, which is the notional size of the {{euaprov|Transaction}}, and then there is {{euaprov|Allowances to be Delivered}} which references the particular number of Allowances to be settled under an {{euaprov|Option}} and thus already builds in a number.

Revision as of 15:14, 16 October 2023

The same broad concept is dealt with as follows:

  • ISDA: {{{1}}}
  • EFET: {{{2}}}
  • IETA: {{{3}}}

Situation normal... : Techy drafting slip from ISDA’s crack drafting squad™: “Number of Allowances to be Delivered” isn’t a thing: there is “Number of Allowances”, which is the notional size of the Transaction, and then there is Allowances to be Delivered which references the particular number of Allowances to be settled under an Option and thus already builds in a number.