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Basics
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Credit
Derivatives: Market Info and awareness
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Credit derivatives terminology
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Vinod Kothari ISDA Master Agreement: The usual practice in the OTC derivatives trade is for parties to sign up an ISDA master agreement (1992 master agreement) which sets the general terms and conditions for the derivatives trades including implied warranties, events of default, netting provisions etc. Individual trades are backed by “confirmations” – there are different forms of confirmations for different types of derivative transactions. |
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