[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

FpML-EQD RE: Master Confirmation Annex Type scheme



Irina

 

Q1. " not all Annexes’ publication dates are obvious in their documentation"

A1. In this case we need to revert to ISDA, to ensure we have the correct publication date

 

Q2. " revision number (e.g. ..Rev1) at the end of the value string needs to be also an annex’s revision number, not its parent MCA "

A2. Agreed, this is the coding scheme for the MCA Annex, not the MCA itself

 

Q3. " Robert Masri is proposing to add an Annex publication date within the description of the values as well … Robert also would like to discuss on the working group that there is no ISDA legal name on the annexes (Date or Revision)."

A3. Good subject for discussion, I have already expressed my concern that we are pushing so many different dimensions into the "magic string"

 

Regards

 

Andrew

 

From: Irina Yermakova [mailto:IYermakova@xxxxxxxx]
Sent: 22 October 2009 14:15
To: Andrew P Parry
Cc: Robert Masri
Subject: Master Confirmation Annex Type scheme

 

Hello Andrew,

 

I have corrected Master Confirmation Annex Type Scheme (see below), replacing the parent MCA publication dates with the Annex publication dates (see my changes and comments  in green) and I would like the working group to verify the change since not all Annexes’ publication dates are obvious in their documentation. Plus, the revision number (e.g. ..Rev1) at the end of the value string needs to be also an annex’s revision number, not its parent MCA. Could this be reviewed on the group as well because it is also not obvious from the annexes’ documentation.

 

In addition, Robert Masri is proposing to add an Annex publication date within the description of the values as well (see his proposal and comment about a missing annex in red). Robert also would like to discuss on the working group that there is no ISDA legal name on the annexes (Date or Revision).

 

Thank you,

Irina

 

-------------------------------------------------------------------

 

·         “ISDA2007EquityFinanceSwapEuropean" - The EFS (Equity Share Finance Swap) 2007 Annex to the ISDA 2007 European Master Equity Derivatives Confirmation Agreement applies.

·         ”ISDA2004VarianceSwapAmericasInterdealer" - The Variance Swap 2004 Annex to the ISDA 2004 Americas Interdealer Master Equity Derivatives Confirmation Agreement applies.

o    //RM: There is a 2004 annex and a 2007 version of the annex, the 2007 also has an implementation side letter

 

·         "ISDA2008EquityFinanceSwapAsiaExcludingJapan" - The Cash-settled Open Market EFS (Equity Finance Share Swap) 2008 Annex to the ISDA 2008 AEJ (Asia Excluding Japan) Master Equity Derivatives Confirmation Agreement applies.

 

·         "ISDA2008EquityOptionAsiaExcludingJapan" - The Open Market Equity 2008 Option Annex to the ISDA 2008 AEJ (Asia Excluding Japan) Master Equity Derivatives Confirmation Agreement applies.

 

·         "ISDA2008EquityOptionJapan - The Equity Option 2008 Annex to the ISDA 2008 Japanese Master Equity Derivatives Confirmation Agreement applies.

 

·         “ISDA2009EquityOptionAsiaExcludingJapanRev1" - The Open Market Equity Option 2009 Annex to the Revised  ISDA 2008 AEJ (Asia Excluding Japan) Master Equity Derivatives Confirmation Agreement applies.

o    //IY: Renamed from ISDA2008EquityFinanceSwapAsiaExcludingJapanRev1

 

·         "ISDA2009EquityFinanceSwapAsiaExcludingJapanRev1"- The Cash-settled Open Market EFS (Equity Finance Share Swap) 2009 Annex to the Revised ISDA 2008 AEJ (Asia Excluding Japan) Master Equity Derivatives Confirmation Agreement applies.

o    //IY: Renamed from ISDA2008EquityFinanceSwapAsiaExcludingJapanRev1

 

·         "ISDA2008DispersionVarianceSwapEuropean - The Dispersion Variance Swap 2009 Annex to the Revised 2007 ISDA European Variance Swap Master Confirmation Agreement applies.

o    //IY: Renamed from ISDA2007DispersionVarianceSwapEuropean

 

·         "ISDA2009VarianceOptionEuropean" - The Variance Option Standard Terms 2009 Appendix to the Revised ISDA 2007 European Variance Swap Master Confirmation Agreement applies.

o    //IY: Renamed from ISDA2007VarianceOptionEuropean

 

·         "ISDA2009EquityEuropeanInterdealerSS" - The Interdealer Share Swap 2009 Annex to the ISDA 2009 European Interdealer Master Equity Derivatives Confirmation Agreement applies.

o    //IY Replaced ISDA2009EquityEuropean value with ISDA2009EquityEuropeanInterdealerAnnexSS

 

·          "ISDA2009EquityEuropeanIS" - The Index Swap 2007 Annex to the ISDA 2007 European Master Equity Derivatives Confirmation Agreement applies.

 

·          "ISDA2009ShareSwapPanAsia" - The Share Swap 2009 Annex to the ISDA 2009 Pan-Asia Master Equity Derivatives Confirmation Agreement applies.

 

-----------------------------------------------------------------

 


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.

This communication is for informational purposes only. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. All market prices, data and other information are not warranted as to completeness or accuracy and are subject to change without notice. Any comments or statements made herein do not necessarily reflect those of JPMorgan Chase & Co., its subsidiaries and affiliates. This transmission may contain information that is privileged, confidential, legally privileged, and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. Although this transmission and any attachments are believed to be free of any virus or other defect that might affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free and no responsibility is accepted by JPMorgan Chase & Co., its subsidiaries and affiliates, as applicable, for any loss or damage arising in any way from its use. If you received this transmission in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format. Thank you. Please refer to http://www.jpmorgan.com/pages/disclosures for disclosures relating to European legal entities.