Resources
This is who you contact if you want to vet something to bring to ILWG/FIIC
Who is ATXH in Legal?
True or False: It is better to have limits measured at all times rather than at time of purchase.
This governing body approves derivative risk limits when onboarding an account/fund.
What is DRMC?
Cocktail made with peach nectar & champagne named for a Venetian painter
What is a bellini?
These are government bonds issue by the US Department of the Treasury
What are US treasury securities?
A helpful document that memorialized decisions made by PGA and Legal
What is the PICKLE Resolutions log?
Example: Seeks to exceed the benchmark over a market cycle by maximizing risk-adjusted total return.
What is an Investment Objective?
You need to create this in WATCHER to tag all your rules for a new account/fund.
What is Special Purpose?
Served as appetizers, usually with a dip, crudites are this
What are raw vegetables?
These types of securities allow for the sale of privately placed securities to Qualified Institutional Buyers (QIBs) without requiring SEC registration.
What are 144A securities?
You need to add this if you have T/E or explicit performance targets
What is active manager language?
This is what you create for the PIO and stakeholders meeting to present the guidelines and internal limits
What is a side-by-side?
This non-alcoholic drink is an essential ingredient in the dessert tiramisu
What is coffee?
Debt securities issued by state, local, and country governments.
What are Munis (municipal securities)?
This is where you can find standard guidelines for FI mandates
What is the Strategy & Customization Portal?
The Account will be exempted from the limits set forth above while contributions are invested, or cash is raised for withdrawals. Once each contribution is fully invested or the withdrawal is complete, the above limits will apply.
What is our standard guideline waiver language?
True or False: New or revised internal mandate risk limits (not PIO rules) need governing committee approval before implementation
What is True?
To make a Kir Royale, add creme de cassis to this beverage
What is Champagne?
Forward-settling contracts to buy or sell mortgage-backed securities (MBS) on a specific date in the future.
What are TBAs (to-be-announced securities)?
I need to find the Teamsters6114 v. MSI side-by-side
What is iManage?
The Manager shall not borrow on the Account’s behalf. However, this limitation shall not prohibit short-term overdrafts, which may be required from time to time due to operational difficulties such as "trade fails", "limit orders" or discrepancies in security settlement dates.
What is standard overdraft language?
For an onboarding, you need to create this spreadsheet that has all of the guidelines, corresponding rules, and context for coding.
What is the GA to RC handover template?
Sublimotion
What is the most expensive restaurant in the world?
This type of transaction involves extending the expiration or maturity of a futures position by closing the initial contract and opening a new longer-term contract for the same underlying asset at the current market price.
What are rolling futures transactions?