Template:M comp disc 2002 ISDA Specified Transaction
Different formulations between the versions
A Specified Transaction under the 1992 ISDA is, by ISDA standards, monosyllabic to the point of being terse.
Under the 2002 ISDA it is expressed with far more of ISDA's signature sense of the Byzantine, expanding the basic definition to specifically include futures credit derivatives, repo, stock lending, weather derivatives,[1] NDFs, transactions executed under terms of business and other commodities or similar transactions that is presently or in future becomes common in the financial markets.