International Swaps and Derivatives Association, Inc.

2005 ISDA Regional Member Conference

Prime Brokerage as the Crossroads of Financial Products

Robert M. Spielman John Vollkommer

Deutsche Bank AG JPMorgan Chase Rank, N.A.

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Exhibit A
Form of Designation Notice
Specify:
- Name of Designated Party
- Transaction Types

- Trading Limits
Signed by Prime Broker and Dealer
 Exhibit B
Elective provisions
- Receipt of Designated Party Notice (3(a)(vi))
- Trade acceptance procedures (3(e))
- Resubmission of notices (3(g))
- Optional notification provision
Electronic trading platforms

Exhibit C
Definitions
Inconsistency
Confirmations
Transaction Types
 Annexes
Required terms for Trade Notices
Standard Terms
Products
- Rate Swaps
- CapsIFloors
- Swaptions
- Cross Currency Swaps

- Credit Derivatives

Compensation Agreement
Elective agreement between Dealer and
Designated Party
Designated Party will notify Prime Broker of
Trade Details
Two alternatives to close out positions:
- Termination event under 2002 Master Agreement
Two way payments
- Indemnity by Designated Party
One way payments