ISDA®
INTERNATIONAL
SWAPS AND DERIVATIVES ASSOCIATION, INC.
NEWS RELEASE
For Immediate Release, Sunday, September 14,
2008
For More Information, Please Contact:
Louise Marshall, ISDA New York, 212-901-6014, lmarshall@isda.org
Cesaltine Gregorio, ISDA New York, 212 901 6019, cgregorio@isda.org
ISDA CONFIRMS LEHMAN RISK REDUCTION
TRADING SESSION PROTOCOL
Trades are contingent on a bankruptcy filing at or before
11:59 pm
Traders should execute the protocol and email a copy of the
signature page to Mark New at ISDA (mnew@isda.org) with
LEHMAN PROTOCOL in the subject line.
About ISDA
ISDA, which represents
participants in the privately negotiated derivatives industry, is among the
world’s largest global financial trade associations as measured by number of
member firms. ISDA was chartered in 1985, and today has approximately 850
member institutions from 56 countries on six continents. These members include
most of the world’s major institutions that deal in privately negotiated
derivatives, as well as many of the businesses, governmental entities and other
end users that rely on over-the-counter derivatives to manage efficiently the
financial market risks inherent in their core economic activities.
Information about ISDA and its activities is available on the Association's web
site: www.isda.org.
®ISDA is a registered trademark of the International
Swaps & Derivatives Association, Inc.