The LSTA Mark-to-Market Pricing (MTM) Committee is a strategic committee that reports to the LSTA Board and directs initiatives geared toward ensuring the highest level of price accuracy in the secondary loan market.
The committee represents an ongoing effort to address secondary market pricing. The members of the committee will be recruited from a cross section of professionals including traders, portfolio managers and broker/dealers from prominent buy- and sell-side firms.
The mandates of the committee are to:
- Review and identify potential improvements to the process of secondary loan pricing
- Assess and recommend changes to the current audits, policies and procedures which govern LSTA/ LSEG Mark-to-Market Pricing
- Determine those areas with respect to which the LSTA has a role in addressing the improvements, and those areas with respect to which market solutions are more appropriate
Submit to the LSTA Board its recommendations in accordance with its findings. This committee is as needed. This Committee is open to LSTA members by invitation only.