Isda launches LCDS update protocol

The protocol is designed to amend transactions documented using the European LCDS standard terms supplement and form of confirmation that were published on July 30, 2007 to reflect the new templates published on March 12, 2008. In addition, Isda says a protocol to facilitate cash settlement of European LCDS (single-name and index) is currently under development.

See also:
Isda publishes new European LCDS contract
New European single-name LCDS expected soon

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