In this podcast, Ellen Hefferan, Executive Vice President of Operations & Accounting, highlights Primary Delayed Compensation and the purpose behind doing a primary delayed comp....
The nine categories together with applicable Ready Dates and Commencement Dates are reflected in this “cheat sheet”, which should be memorialized on the desks of all loan market participants....
New Primary Delayed Compensation Standards A Discussion with the LSTA Ellen Hefferan, EVP of Operations and Accounting, LSTA February, 2020 2 Primary Delayed Compensation to begin during 1Q2020 Purpose is to: (i) increase liquidity, (ii) produce faster settlement times for both primary and secondary trades, and (iii) comply with the mission of the LSTA, which...
The LSTA will roll-out the Primary Delayed Compensation Protocol (the “Protocol”), a comprehensive new standard that will expedite the settlement of primary allocations and secondary trades, during the 1st quarter of this year....
