Template:M summ Equity Derivatives 3.4

We at the JC will never tire of marvelling at how comprehensively ISDA’s crack drafting squad™ can, through its sheer, collected, anxiety, render basic concepts as vast, undulating tracts of unintelligible text: a grand, entropic, soggy nothingness.

Actually, we can and do tire of it. But the mental effort of feigning respect and affection for the squad’s quaint syntactical idioms — learning to love the monster, so to speak; a form of self-inflicted Stockholm syndrome — has its benefits. For if you can’t laugh, all hope is lost.

Anyway.