At this morning’s CDWG meeting the
members on the call agreed that we should add the following five values to the
contractualSupplementScheme:
CDSonLeveragedLoans
For use with European Loan CDS. The title
of the document is “ISDA STANDARD TERMS SUPPLEMENT FOR USE WITH CREDIT
DERIVATIVE TRANSACTIONS ON LEVERAGED LOANS”.
CDSonMBS
For use with CDS on MBS. The title of the
document is “ISDA STANDARD TERMS SUPPLEMENT FOR USE WITH CREDIT
DERIVATIVE TRANSACTIONS ON MORTGAGE-BACKED SECURITY WITH PAY-AS-YOU-GO OR
PHYSICAL SETTLEMENT”.
iTraxxJapan
Standard Terms Supplement for iTraxx Japan.
iTraxxJapanTranche
Standard Terms Supplement for iTraxx Japan
Tranched Transactions.
SyndicatedSecuredLoanCDS
For use with North American Loan CDS. The
title of the document is “Syndicated Secured Loan Credit Default Swap
Standard Terms Supplement”.
Unless unaddressed objections to these new
values are raised on this email thread prior to end of business on Wednesday,
June 4th 2008 these new scheme values will appear in the next
published version of the contractualSupplementScheme.
Thanks,
Ben Lis
Head of Product Management &
Integration
T-Zero
212.323.6041
www.tzero.com
From: cdwg@xxxxxxxx
[mailto:cdwg@xxxxxxxx] On Behalf Of Marc
Teichman
Sent: Friday, May 23, 2008 4:48 PM
To: cdwg@xxxxxxxx
Subject: RE: FpML-CD iTraxxJapan
and iTraxxJapanTranche standard terms
The Standard Terms Supplements published
by ISDA for LCDS, as well as for CDS on MBS, do not have corresponding values
in the contractualSupplementScheme.
The following are the 3 proposed values:
- North
American Loan CDS: The title of the document is “Syndicated Secured
Loan Credit Default Swap Standard Terms Supplement”. The following
scheme value is proposed: “SyndicatedSecuredLoanCDS”.
- European
Loan CDS: The title of the document is “ISDA STANDARD TERMS
SUPPLEMENT FOR USE WITH CREDIT DERIVATIVE TRANSACTIONS ON LEVERAGED
LOANS”. However, the document references itself as the “CDS on
Leveraged Loans Terms”. The following scheme value is proposed:
“CDSonLeveragedLoans”.
- CDS
on MBS: The title of the document is “ISDA STANDARD TERMS SUPPLEMENT
FOR USE WITH CREDIT DERIVATIVE TRANSACTIONS ON MORTGAGE-BACKED SECURITY
WITH PAY-AS-YOU-GO OR PHYSICAL SETTLEMENT”. However, the document
references itself as the “CDS on MBS Terms”. The following
scheme value is proposed: “CDSonMBS”.
Regards,
Marc Teichman
Product Manager
T-Zero
T: +1-212-323-6045
marc.teichman@xxxxxxxxx
www.tzero.com
From: cdwg@xxxxxxxx
[mailto:cdwg@xxxxxxxx] On Behalf Of Ben
Lis
Sent: Friday, May 23, 2008 11:47
AM
To: cdwg@xxxxxxxx
Subject: RE: FpML-CD iTraxxJapan
and iTraxxJapanTranche standard terms
We will discuss Henri’s proposal on
Wednesday call.
I support the addition of these values to
the contractualSupplementScheme. If you have concerns or questions about this
proposal, please raise them on this e-mail thread prior to Wednesday’s
call or on the call itself. We should be able to act on this proposal quickly.
Thanks,
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: Wednesday, May 21, 2008 4:16
PM
To: cdwg@xxxxxxxx
Subject: FpML-CD iTraxxJapan and
iTraxxJapanTranche standard terms
Ben/All,
For the 2nd item on the agenda - Scheme Changes - I'd like to propose the
following two additions for the contractualSupplementScheme:
iTraxxJapan
Standard
Terms Supplement for iTraxx Japan.
iTraxxJapanTranche
Standard
Terms Supplement for iTraxx Japan Tranched Transactions.
Regards,
Henri
------------------------------------------------------------
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DTCC Deriv/SERV : Business Analysis & Design
55 Water Street
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Phone: + 1 (212) 855 1682
Fax: + 1 (212) 855 1020
|
"Ben Lis"
<Ben.Lis@xxxxxxxxx>
Sent
by: cdwg@xxxxxxxx
05/19/2008
08:33 AM
|
Please respond
to
cdwg@xxxxxxxx
|
|
|
To
|
<cdwg@xxxxxxxx>
|
|
cc
|
|
|
Subject
|
FpML-CD meeting announcement: Wednesday, May 28th 9am
NY/2pm LDN
|
|
Time:
9:00
– 10:30AM, NY
2:00
– 3:30PM, LDN
Call-In
details:
US: 1 888 - 481 – 3032
Intl:
1 617- 801- 9600
UK:
0800- 904-7961
Part.
Code: 52016709
Agenda:
1.
Follow-Ups on MTF Suggestions
2.
Scheme Changes
3.
AOB
Ben Lis
Head of Product Management & Integration
T-Zero
212.323.6041
www.tzero.com
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