Sorry for the very late notice but we would like to settle
on these scheme values quickly so electronic support can be added as close to
the publication of the docs as possible.
Time:
9:00 – 10:00AM, NY
1:00 – 2:00PM , LDN
Don’t think we will take anywhere near the full time!
Please note the 1pm start time in London
because of the four hour time difference this week.
Call-In details:
US: 1 888 - 481 – 3032
Intl: 1 617- 801- 9600
UK: 0800-
904-7961
Part. Code: 52016709
Agenda:
- CDX Untranched Standard Terms
Supplements (Proposal for contractualSupplementScheme) – see below
- All other business
Ben Lis
Head of Product Management &
Integration
T-Zero
212.323.6041
www.tzero.com
From: cdwg@xxxxxxxx
[mailto:cdwg@xxxxxxxx] On Behalf Of Henri
Pegeron
Sent: Monday, March 10, 2008 11:11
AM
To: cdwg@xxxxxxxx
Subject: FpML-CD CDX Untranched
Standard Terms Supplements (Proposal for contractualSupplementScheme)
Ben/All,
I'd
like to add a proposal for discussion at the next CDWG. Hopefully we can
discuss this on a call this week (or soon after).
DTCC
is looking to include language for the following Credit Index Standard Terms in
FpML:
IG.HY.XO Untranched Standard Terms
EM
Untranched Standard Terms
EM
Diversified Untranched Standard Terms
To
support them, the proposal is to add the following values and descriptions to
the contractualSupplementScheme:
"CDXUntranched"
Standard
Terms Supplement for CDX Untranched Transactions.
"CDXEmergingMarketsUntranched"
Standard
Terms Supplement for CDX Emerging Markets Untranched Transactions.
"CDXEmergingMarketsDiversifiedUntranched"
Standard
Terms Supplement for CDX Emerging Markets Diversified Untranched Transactions.
These
values were based on the existing naming convention in the FpML scheme and the
term "Untranched" was taken from the current terminology used by
ISDA. However it would be beneficial to coordinate/agree upon the FpML
scheme values in sync with the publication of the actual Standard Terms docs by
ISDA to expedite support in the standard.
Regards,
Henri Pegeron
------------------------------------------------------------
The Depository Trust & Clearing Corporation
DTCC Deriv/SERV : Business Analysis & Design
55 Water Street
- New York, NY 10041
Phone: + 1 (212) 855 1682
Fax: + 1 (212) 855 1020
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