* Present Henri Van Den Boogaerde, Murex Owen King, MarkitSERV (Chair) Farzad Moshfeghi, BarCap * Apologies Marc Gratacos, ISDA Irina Yermakova, ISDA * Review outstanding actions >> RI to find out what events option Expiration Dates are commonly confirmed relative to for gas, power, bullion, coal and oil. RI received feedback that this was rare and that most dates confirmed were actual ones [Closed] >> PS to collate a list of fields to consider for inclusion in an emissions schema. PS was not on the call [Carried Forward] >> All to review and provide feedback on the return swap sample trade. [Carried Forward] >> To review and provide feedback on the daily expiring option sample trade. [Carried Forward] 1. EU Emissions The group discussed the proposal in some detail. FM said he was keen to ensure that the schema would support future emissions products with relatively little modification. OK agreed and said that he would be reviewing the in-progress ISDA International Emissions Allowances documentation and IETA standards. It was suggested that a self-contained structure should be considered to specifically represent the allowance/credit being delivered in order that this could be extended to cover other regimes and/or emission types. HB said he would send the Murex XML representation of an emissions transaction to the group. * Actions [Carried Forward] PS to collate a list of fields to consider for inclusion in an emissions schema. [Carried Forward] ALL to review and provide feedback on the return swap sample trade. [Carried Forward] ALL to review and provide feedback on the daily expiring option sample trade. [Carried Forward] HB to send the group the Murex XML representation of an emissions transaction. * Next meeting 15:00 UK / 10:00 US Fri 11th December 2009
Attachment:
com-ex26-physical-EU-emissions-forward.doc
Description: com-ex26-physical-EU-emissions-forward.doc
Attachment:
com-ex26-physical-EU-emissions-forward.xml
Description: com-ex26-physical-EU-emissions-forward.xml
Attachment:
com-ex26-index-SandPGSLETR.xml
Description: com-ex26-index-SandPGSLETR.xml