The Protocol applies to a “Primary Allocation” which is an allocation of new money by a syndicate desk in connection with either (i) a new issue syndication or (ii) an amendment of an existing Credit Agreement. In addition, the Protocol affects when-issued secondary trades by (i) changing what constitutes an Early Day Trade and (ii) […]
Glossary of Terms relating to Delayed Compensation for Primary Allocations, Early Day Trades and Post Funding Trades
This week we cover MTM Monthly; LIBOR Fallbacks; PDC Prepping; TOU; FedSpeak; Systemic Risks
If you are looking for artwork that would both decorate your office space and also would help implement the new Primary Delayed Compensation Protocol, look no further! The LSTA has developed flowcharts focusing on Primary Allocations, Early Day Trades and Post Funding Trades that illustrate how Delayed Compensation is to be applied on a step-by-step basis. And if a picture is not necessarily worth a thousand words, we’ve also provided the Primary Delayed Compensation Protocol together with a Glossary of Terms.
The LSTA has developed this flowchart to illustrate how Secondary Delayed Compensation on Post Funding Trades is to be applied on a step-by-step basis.
The LSTA has developed this flowchart to illustrate how Secondary Delayed Compensation on Early Day Trades is to be applied on a step-by-step basis.
The LSTA has developed this flowchart to illustrate how Delayed Compensation is to be applied on a step-by-step basis.
This week we cover Japanese Risk Retention; CLO Check In; Getting Your (Delayed) Comp & SONIA’s Conventional Thinking
Delayed Compensation (aka Delayed Comp) is twenty years old – and it is changing. Below, we discuss what Delayed Comp is, how it has evolved, and how you can learn to get the compensation that is due to you. (Spoiler: Come to the LSTA Ops Conference for all you need to know!)
This week we cover Delayed Comp Coming; 3Q18 Trading Stats; (LIBOR) Consultational Amendments; KYC; and Shift Date Podcast
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