Imported from previous forum
[ original email was from John Harris - john.harris@bondmart.com ]
Is there a way for the parties to a trade to specify which price source they are using for benchmarking data (whether for a curve or a specific security)? For example, buyer and seller want to trade a corporate issue against the 2YR; several IDBs are publishing a quote for the 2YR; on the phone, the parties would simply agree which source to use; how will that be specified through 4.4, if at all? Thank you!
[ original email was from Kevin Houstoun - kevin.houstoun@ssmb.com ]
> Is there a way for the parties to a trade to specify which price source they are using for benchmarking data (whether for a curve or a specific security)? For example, buyer and seller want to trade a corporate issue against the 2YR; several IDBs are publishing a quote for the 2YR; on the phone, the parties would simply agree which source to use; how will that be specified through 4.4, if at all? Thank you!
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[ original email was from Kevin Houstoun - kevin.houstoun@ssmb.com ]
This issue has been assigned ID PC20030411_10 and will be discussed by the Global Technical Committee
> > Is there a way for the parties to a trade to specify which price source they are using for benchmarking data (whether for a curve or a specific security)? For example, buyer and seller want to trade a corporate issue against the 2YR; several IDBs are publishing a quote for the 2YR; on the phone, the parties would simply agree which source to use; how will that be specified through 4.4, if at all? Thank you!
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