On May 17th the LSTA published revised LSTA trading documents in final form. These trading documents will govern all trades entered into on or after May 17th. We highlight to you that there will be some currently open trades that are still governed by trading documents that went effective on June 9, 2017 so there will be a period where both sets of documents will need to be used.
This is the 2015 Joint Statement published by the LSTA and LMA relating to the release of each Association’s Form of Contractual Recognition Provision.
Become a Member
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.