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ISDA 2000 Supplement to the 1993 Commodity Derivatives Definitions
Bob: Thanks for the memo and we should discuss in a future meeting dedicated to form changes. If we adopt the 2000 Definitions in our Schedule, we will also need to change the existing reference in Part 6(f)(iii) to "Negotiated Fallback" (to Section 7.5(c)(iv)) Also, the term "Relevant Price" is used in the "Negotiated Fallback" definition. We should clarify whether we need to retain Part 6(f)(iv) of the Schedule when using "Negotiated Fallback" or whether we intend that "Fallback Reference Dealers" be an entirely separate and distinct fallback (i.e. the 4th fallback in our Schedule).