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Template:Options and flawed assets: Difference between revisions
Template:Options and flawed assets (view source)
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Once paid, you have no further ''obligations'' under the {{euaprov|Transaction}}, just the right — confitional on the option being in the money — to be paid on exercise. This can make matters interesting should your [[swap dealer]] decide ''[[um alberne kerle zu spielen]]'' with the [[flawed asset]] provisions in your ISDA — though, newsflash: it ''won’t'', as long as its risk team retains possession of their deliberative faculties — but that won’t stop the negotiation community obsessing about how to cater for the contingency that they do not. | Once paid, you have no further ''obligations'' under the {{euaprov|Transaction}}, just the right — confitional on the option being in the money — to be paid on exercise. This can make matters interesting should your [[swap dealer]] decide ''[[um alberne kerle zu spielen]]'' with the [[flawed asset]] provisions in your ISDA — though, newsflash: it ''won’t'', as long as its risk team retains possession of their deliberative faculties — but that won’t stop the negotiation community obsessing about how to cater for the contingency that they do not. | ||
For bookish types, there is a lengthy disquisition about it in the [[pjc:Section 2(a)(iii) - ISDA Provision#The prepaid puts and calls conundrum|premium | For bookish types, there is a lengthy disquisition about it in the [[pjc:Section 2(a)(iii) - ISDA Provision#The prepaid puts and calls conundrum|premium section of our article on Section 2(a)(iii)]]. | ||