Template:M summ Equity Derivatives 12.7: Difference between revisions

Template:M summ Equity Derivatives 12.7 (view source)

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 ====But it is {{eqderivprov|Determining Party}}, not {{eqderivprov|Hedging Party}}====
-The truly stubborn buy-side agitant will persist: “if this is really about who is the actual {{isdaprov|Hedging Party}}, why doesn’t it just say “{{eqderivprov|Hedging Party}}”? Why do we need a new definition of {{eqderivprov|Determining Party}}? It isn’t used for anything else.  Your beloved ’squad doesn’t make these things up for the sake of it, after all.”
+The truly stubborn buy-side agitant will persist: “if this is really about who is the actual {{eqderivprov|Hedging Party}}, why doesn’t it just say “{{eqderivprov|Hedging Party}}”? Why do we need a new definition of {{eqderivprov|Determining Party}}? It isn’t used for anything else.  Your beloved ’squad doesn’t make these things up for the sake of it, after all.”
 The galling fact is that we cannot explain this. Our best guess is yet more unnecessary over-elaboration on {{icds}}’s part — it may not have made a difference (and might have avoided this very article) had [[the ’squad]] ''not'' created an extra label, but we are where we are. It is possible, we suppose that the dealer hedges with a swap, and the actual price discovery happens away from the {{eqderivprov|Hedging Party}} along a chain somewhere). But that isn’t a very satisfactory answer.