Sammy Lee
(+1) 646-827-1892
From: owner-colwg@xxxxxxxx [mailto:owner-colwg@xxxxxxxx] On Behalf Of Brown, Tom
Sent: Wednesday, September 01, 2010 8:23 AM
To: colwg@xxxxxxxx
Subject: RE: FPML-CWG RE: Collateral WG Meeting: Wed September 1, 2010 @ 10am New York / 3pm London
Hi
Lyteck,
I will not be able to
attend today due to a conflict. My apologies.
Thanks...Tom
Office:
617-856-2682
Cell:
617-283-5200
From:
owner-
Sent: Tuesday, August
31, 2010 11:03 PM
To:
'
Subject: FPML-CWG RE: Collateral WG
Meeting: Wed September 1, 2010 @ 10am
attached is the Word doc proposal for
agenda item #2. Thanks, Lyteck
From:
owner-
Sent: Tuesday, August
31, 2010 6:04 PM
To:
Subject: FPML-CWG Collateral WG Meeting:
Wed September 1, 2010 @ 10am
We’ll have a
meeting Wednesday as usual.
Next
Meeting – Wednesday September 1, 2010
@ 10am
Agenda:
1.
We will
continue the review of interest
process messages. In particular, the
response (IN2/IN3/IN5)
·
IN1 – Interest Notification
(<requestInterest>,
ex22)
·
IN1 – Interest Notification (matching
service)
(<requestInterest>, ex23)
·
IN2/IN3/IN5 – Accept/Reject
Date/Dispute Interest
(<interestStatus>, ex24)
·
IN2/IN3/IN5 – Accept/Reject
Date/Dispute Interest
(matching service) (<interestStatus>,
ex25)
(see schema
& examples attached in zip file / rename .zip-email to
.zip)
2.
IN1 –
Interest Notification (special scenario): Last week Richard closed the
meeting by discussing a special scenario that we may want to support in the
messages: In the case that a specific cash collateral is both held and posted during a
period the parties need to decide whether to roll in the respective
interest or physically settle the interest. (see attached word
doc)
Dial in
details:
-
Please join the web
conference
https://www2.gotomeeting.com/join/151660907
Meeting ID: 151-660-907
-
Join the conference
call:
US
Dial-in:
888-481-3032
International Dial-in:
617-801-9600
Passcode:
8682747
Illustration 1 - Interest Message
Exchange – utilizing matching service
Illustration 2 – Interest Message
Exchange – not utilizing matching service:
(Ref http://www.isda.org/c_and_a/pdf/Electronic-Messaging.pdf
p.9)
Substitution Process – outstanding
question:
·
Do we need to distinguish
between variation margin and
segregated independent amount for
a substitution request? The
distinction was originally made for the margin call process and kept in the
proposed substitution messages. This is an open question for the
group.
The information
contained in either this email and, if applicable, the attachment, are
confidential and are intended only for the recipient. The contents of either the
email or the attachment may not be disclosed or used by anyone other than the
addressee. If you are not the intended recipient(s), any use, disclosure,
copying, or distribution is prohibited and may be unlawful. If you have received
this communication in error, please notify us by e-mail at isda@xxxxxxxx
<mailto:isda@xxxxxxxx> then delete the e-mail and all attachments and any
copies thereof. This communication is part of an ISDA process and is not
intended for unauthorized use or distribution.