Hi Marc - I don't mind sharing in confidence within this working group.
I checked this with our Rates Middle Office at JP Morgan. Their answer was
the same as my experience at Barclays: "As for Asset Swaps, it is now
market convention for these to be presented as vanilla IRS, i.e. no
mention of the underlying asset on the confo".
This what I have always seen. The Asset Swap is a strategy that is quoted
and executed as a strategy, but confirmed and settled as the components of
the strategy.
Matthew Rawlings
Prime Brokerage Strategy & Architecture
+44 791 539 7824
"Marc Gratacos" <MGratacos@xxxxxxxx>
09/03/2005 17:58
To: <matthew.d.rawlings@xxxxxxxxxxxx>
cc:
Subject: RE: FpML-ASTF availability for Friday 11:00 AM NYT
Matthew,
Favor. Would you be able to send an Asset Swap and a TRS confirmation used
by JPMorgan? You can send it to the group or just to me and Karel if you
prefer. No worries at all if you can't. The reason for asking this is that
we would like to have a set of different confirmations used by different
institutions.
Thanks,
-Marc
_____
From: Marc Gratacos [mailto:MGratacos@xxxxxxxx]
Sent: Wednesday, March 09, 2005 12:32 PM
To: astf@xxxxxxxxxxxxxxxxxxxx
Subject: FpML-ASTF availability for Friday 11:00 AM NYT
Hi,
I would like to check your availability for having an Asset Swap Task
Force meeting this Friday at 11 AM NYT. Please, let me know.
Best Regards,
-Marc
+1-212-901-6028
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