AUGUST 2005  

ISDA Finalizes Novations Protocol

ISDA Finalizes Novations Protocol ISDA is finalizing details of a protocol approach for use in connection with novation or assignment of trades to a third party. The Novations Protocol is designed to address the issues of confirmation backlogs and counterparty uncertainty associated with a change in parties to a privately negotiated derivatives transaction. The protocol will also bring the legal requirements for such assignments more closely into line with market practice..

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  2005 ISDA Commodity Derivatives Definitions Published

The 2005 ISDA Commodity Definitions and related User’s Guide were published on June 30. The new Commodity Definitions are intended for use with the ISDA Master Agreements, or other agreements, and are designed to be incorporated into Confirmations of individual commodity transactions governed by those agreements.

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ISDA Fundamentals of Derivatives Seminar
September 13, 2005
Charlotte Convention Center
Charlotte, NC

ISDA Documentation Conference
September 14, 2005
Charlotte Convention Center
Charlotte, NC

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