This document is blacklined against the Glossary of Terms dated October 15, 2019
The LSTA released revised drafts this week of the LSTA trading documents to be used in connection with the new Primary Delayed Compensation Protocol. Below are links to the clean drafts and blacklined documents marked to show changes since the last versions sent to you for your review.
We hope that this glossary helps our members and industry participants to better learn and understand the acronyms, terms, and buzzwords that we often take for granted that everyone understands.
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.
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Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.