2011 ISDA Equity Derivatives Definitions: Difference between revisions

2011 ISDA Equity Derivatives Definitions (view source)

11 bytes added , 22 March

no edit summary

82,387

edits

@@ Line 3: / Line 3: @@
 The mere mention of [[Flight 19]], the squadron of [[Linklaters]] [[FPML]] ''Avenger'' torpedo bombers who lost contact with reality during a routine drafting mission and were never seen again, draws a shudder from hardened [[ISDA ninja]]s, even today.
-As of 8 July 2021, they reached their first decade of life on earth, and it’s been so far a lonely experience. In that time the planet has added another nine hundred million people, but not one of them, as far as we know, is using the 2011 ISDA Equity Derivatives Definitions. Not a single soul.
+As of 8 July 2021, the “2011s” reached their first decade of life on earth, and it’s been so far a lonely experience. In that time the planet has added another nine hundred million people, but not one of them, as far as we know, is using the 2011 ISDA Equity Derivatives Definitions. Not a single soul.
 Yet, like one of those millennial cults which predicted the end of the world in June 2010, woke up with a surprise on the first of July, did a double take, scratched its head, and said “well it ''is'' coming, just not today”. [[ISDA]], still predicts that  “all categories of [[Over-the-counter|privately negotiated derivatives]] will eventually be included within the standard”.