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Word from ISDA’s CEO…
On May 11, ISDA hosted
its 20th Anniversary cocktail reception and dinner at The Natural
History Museum in London. The celebration was attended by over 500
ISDA members and friends who came to mark ISDA’s achievements
and honor all past and present Association directors.
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Operations
Summit Builds on Processing Progress
Shown in Benchmarking Survey
An Operations Summit,
held in London on June 14-15 and attended by 250 delegates from
across all market sectors, agreed to strengthen momentum on a number
of projects aimed at tightening up processing of OTC derivatives.
One of the main agreements was to forge ahead with a protocol approach
to deal with consent for novation and assignment of trades. Delegates
also agreed to create more detailed targets for credit and equity
derivatives processing outlined in the Operations Strategy plan
of December 2003. Other targets and deliverables agreed upon include:
completion of revision of the 2000 ISDA Definitions; collective
and bilateral meetings among buyside firms to engage in ISDA’s
operations work; the extension of cashflow matching and netting
as far as practicable; and to explore changing the range of operations
metrics monitored.
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Fundamentals of Derivatives Seminar
July 6, 2005
The Intercontinental Hotel
Toronto
ISDA Canada Derivatives Update 2005
July 7, 2005
The Intercontinental Hotel
Toronto
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