2022-10-18 Meeting notes
- Elisa Kendall
Date
Attendees
Agenda
1) Use Case reminder
2) Where we are on our road map.
3) Open Action Items
4) JIRA Issues Review - https://jira.edmcouncil.org/projects/DER/issues/DER-10?filter=allopenissues
5) Todays content discussion.
6) For next week.
Proceedings:
Today we talked about the various events that could possibly trigger a credit default swap. They include credit events, but also other things, which the CFTC calls 'market event', which could be anything that happens in the marketplace. For example, a weather-specific contract could be triggered by a hurricane - which wouldn't be considered a credit event per se. Thus, we created a class called triggering event, which is any event, including but not limited to credit events, which impacts a contract.
John N. will see if he can get a list of the major event types that the CFTC uses to classify contract-related event.