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Hi Gang, Page 258 of vol. 7 of the specification describes CDS Instrument Definitions and includes PriceUnitofMeasure (1191) which "Reflect[s] that prices are stated in terms of 'percent of par'" I have been led to believe that CDS pricing is stated in terms of upfront spread to the standard coupon. Am I reading the spec incorrectly or is there a disconnect here? Thanks in advance! [You can unsubscribe from this discussion group by sending a message to mailto:[email protected]] -- You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/fix-protocol?hl=.
