ISDA Conferences

International Swaps and Derivatives Association, Inc. (ISDA®)

Documenting and Confirming Equity Derivative Transactions Conference:
The Equity Derivatives Specialist

6.5 CPD Credit Hours Available (England and Wales)

7.5 CLE Credit Hours Available (New York)
Transitional and Nontransitional

October 7, 2008
Hilton Tower Bridge
London

PROGRAM AGENDA

8:00 AM	Registration and Morning Coffee
8:50 AM	Introduction and Welcoming Remarks *Julian Day, Head of Trading Infrastructure, ISDA*
9:00 AM	The 2002 ISDA Equity Derivatives Definitions • Overview of the ISDA Equity Documentation Architecture • Exercise, Valuation and Settlement of Swaps, Forward and Option Transactions Severine Chaudru, Vice President & Assistant General Counsel, JP Morgan Chase & Co Liz Clinch, Legal Advisor – European Equity Derivatives, Lehman Brothers International (Europe)
10:00 AM	Morning Break
10:15 AM	Market Disruption Events • Examination of the definitions of Trading Disruption, Exchange Disruption and Early Closure and their significance • Exchange Business Day and the new definition of Scheduled Trading Day • Consequences of Disrupted Days • Averaging Date Disruptions and Consequences • Index Adjustment Events Simon Blyth, Associate, Linklaters LLP
11:15 AM	Extraordinary Events Part I • Tender Offers and Merger Events and possible elections • Consequences of Tender Offers and Merger Events • Types of Consideration and definition of "New Shares" • An in depth evaluation of why certain elections are made Allan Yip, Partner, Simmons & Simmons
12:15 AM	Luncheon
1:30 PM	Extraordinary Events Part II • Nationalization, Insolvency and Delisting • Elective Additional Disruption Events Rajan Jain, Vice-President & Counsel, Citigroup
2:15 PM	Confirmation Workshop (Beginner & Advanced) This workshop will be broken into two groups, beginner and advanced, and will examine key equity derivative transaction confirmation provisions. The beginner session assumes no previous knowledge of the 2002 Equity Derivatives Definitions, while the advanced session assumes some previous knowledge of these areas and will spend less time on the basics. The workshop will examine key provisions under the 2007 European Master Equity Confirmation Agreement (Multiple Exchange Index Annex, Cash/Physically-settled European/American Index/Share Option and Annex EFS (Cash-settled Equity Finance Share Swap)) as well as a representative swap and option 'long form' confirmation, including the following areas: • Product characteristics • Deal ticket terms • Elections for Market Disruption Events, Merger Events/Tender Offers and Additional Disruption Events *Andrea Abbott,* Head of Equity Derivatives, BNP Paribas *Ann Bradley, Senior Associate, Allen & Overy LLP* Mel Farrell, Vice President & Assistant General Counsel, JP Morgan Simon Hall, Executive Director, Equity Derivative Documentation, Goldman Sachs International
3:45 PM	Afternoon Break
4:00 PM	Workshop Continues
5:00 PM	Conference Concludes

Agenda is subject to change

Please click here for the Conference Registration Form.

CONFERENCE VENUE: Hilton Tower Bridge, 5 More London Place, Tooley Street, London SE1 2BY.
Tel: +44 (0) 20 3002 4300

To obtain more information, please contact the ISDA conference department at +1 212-901-6000 or
e-mail CONFERENCES@ISDA.ORG