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ISDA Drafts Delphi Protocol, Final Version Expected Wednesday
Hedgeworld - October 24, 2005

ISDA has announced plans for a Delphi CDS Index Protocol and thus offers a way for market participants to settle trades on credit derivative indexes that include Delphi. Creditex and Markit will administer the auction. All market participants can submit limit orders through participating dealers. The auction is slated for November 3, 2005.

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