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* Present ISDA: IY JP Morgan: AP ( Chair ) MarkItSERV: TA DTCC: SS * Apologies ISDA: CA Metro Solutions: JB Omgeo: TB * Minutes Improvement of currency treatment and modelling for various
purposes on underlyer ( listing, trading ) is a longer term project, which is
not viewed as urgent Publication of valid MCA / MCA-Annex pairs is a work in
progress We will confirm the MCA / MCA-Annex values identified by CA,
and add them to the relevant coding schemes, together with descriptions Welcome as observers to the group 1. Niraj Kumar, Wipro Technologies 2. Imthiyaz Sikkander, Barclays Capital 3. Mary Kwok, MarkitSERV "AEJ 2009 Closed Market" has been implemented as
an Annex, as per the ISDA Dec 2009 Book of Work We will continue to use ISDA Defined Terms, so where
"Close" appears as a value, we will replicate this value in coding
schemes AP focus is on the current FpML-4-x series for transaction
management ISDA EQD 2010 Defintion "Menu and Matrix" approach
is very promising We believe current FpML supports compouding date treatment
in EU Index ( Client ) SWap PAISS feedback discussion facilitated by ISDA scheduled for
this week Meeting at Fed on 14th Jan to set agenda for next letter.
Letter writing period anticipated as 6 weeks so publication anticipated as 1st
March Thanks from the Chair for your contributions this year,
Happy Holidays ! * Decisions 1. Accept AP proposal for for <currency> element of
underlyers such as Equity "Trading currency of the underlyer when transacted as a
cash instrument" 2.1 Adopt element name <multipleExchangeAnnex> 2.2 Adopt coding-scheme values for these element as per ISDA
Legal Definition 3. Welcome as observers 3.1. Niraj Kumar, Wipro Technologies 3.2. Imthiyaz Sikkander, Barclays Capital 3.3. Mary Kwok, MarkitSERV 4. Next Meeting 14:00 LDN Fri 08 Jan 2010 * Actions IY add MCA / MCA-Annex values and descriptions identified by
CA to coding schemes IY add as observers to the group 1. Niraj Kumar, Wipro Technologies 2. Imthiyaz Sikkander, Barclays Capital 3. Mary Kwok, MarkitSERV TA review MCA / MCA-Annex values and descriptions TA review compouding date treatment in EU Index ( Client )
SWap TA review US ( Client ) Option for FpML structural changes 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. |