|
The Loan Syndications and Trading Association Inc. (LSTA) was formed
largely in response to the exponential growth in loan trading volume in
the secondary debt market. In an effort to develop standard settlement &
operational procedures, market practices, and other mechanisms to more efficiently
trade the increasing volume of par & distressed bank debt, a small group
of debt traders from major international financial institutions pooled their
resources to form the Association in late 1995. In the ensuing years, the LSTA has become the principal advocate for the commercial loan asset class with the goal of promoting greater confidence for all market participants. The LSTA currently has over 100 members, including broker-dealers, commercial banks, investment banks, mutual funds, merchant banks and other major financial organizations worldwide. On September 1, 1999, the LSTA and REUTERS LOAN PRICING CORPORATION (Reuters LPC) launched a new product offering to enhance and upgrade the LSTA's previous Mark-to-Market Valuation Project. This enhanced product, LSTA/LPC Mark-to-Market Pricing, is available to bank loan market participants LSTA member firms requiring daily, weekly or monthly bank loan pricing. To find out more information about the Reuters LPC/LSTA arrangement contact: Reuters Loan Pricing Corporation Michele Kelsey Tel: +212-833-9366 Email: michele.kelsey@reuters.com Loan Syndications and Trading Association Inc. Allison A. Taylor Tel: +212-404-7592 Email:ataylor@lsta.org
| © 2005-2006 Reuters Loan Pricing Corporation | Privacy Policy |
|