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ISDA 2013 ICE Brent Protocol

Brent futures and options contracts to a month-ahead expiry calendar with respect to March 2016 and later contract months (ii) require a cash adjustment as a result of such change (the “ICE Brent Transition”).  

The ISDA 2013 ICE Brent Protocol offers market participants an efficient way to amend the terms of certain derivatives transactions to address the impact of the decision by ICE Futures Europe (“ICE”) to (i) change expiry dates for ICE Brent futures and options contracts to a month-ahead expiry calendar with respect to March 2016 and later contract months and (ii) require a cash adjustment as a result of such change (the “ICE Brent Transition”).

Big Bang Protocol

This is implemented by way of a supplement to the 2003 ISDA Credit Derivatives Definitions. 

AUCTION HARDWIRING Through hardwiring, ISDA is incorporating into its standard documentation the auction settlement of… Read more Big Bang Protocol