ISDA Anatomy: Difference between revisions

2,912 bytes added ,  21 March 2023
no edit summary
No edit summary
No edit summary
 
(40 intermediate revisions by the same user not shown)
Line 1: Line 1:
{{tocbuilder|ISDA|2002|1}}
{{a|isda|{{image|pageguide|png|Finding your way around the ISDA Anatomy, for those not minded to work it out for themselves.}}}}Here is the great landing page for the ISDA Master Agreement in all its beautiful articulations. There is a lot of information here: budding ninjas may just be amped up to dive in to the clause table a the bottom. For those seeking a gentler introduction to the world of derivatives — [[financial weapons of mass destruction]] (© Warren Buffett) after all, so to be handled with care — here is a quick overview:
{{tocbuilder|ISDA|2002|2}}
===The Anatomy===
{{tocbuilder|ISDA|2002|3}}
In the table below, your gateway to the in-depth clause-by-clause and subclause-by-subclause analysis. Each page contains:
{{tocbuilder|ISDA|2002|4}}
*The actual clause of the ISDA agreement
{{tocbuilder|ISDA|1992|5}}
*Our [[Plain English|plain English]] “[[Nutshell - ISDA|nutshell]]” summary of that clause
{{tocbuilder|ISDA|2002|5}}
*A “comparison” section, summarising the differences between the corresponding clauses in the {{1992ma}} and the {{2002ma}}.
{{tocbuilder|ISDA|2002|6}}
*A “summary” section, explaining what the clause does, how it works, frequent amendments to it, and controversies in the ISDA community.
{{tocbuilder|ISDA|2002|7}}
*An optional “general” section, for those clauses of frequent controversy, going into a little more detail; and
{{tocbuilder|ISDA|2002|8}}
*An even-more-optional “details” section, that dives into the paranoid beating heart of [[ISDA Ninja|ISDA Ninjery]] — though this is reserved for really special occasions.
{{tocbuilder|ISDA|2002|9}}
You can also access the clauses alphabetically from the nifty little dropdowns in the infobox on the right of every page.
{{tocbuilder|ISDA|2002|10}}
===the [[JC]]’s [[plain English]] ISDA===
{{tocbuilder|ISDA|2002|11}}
Ever thought it would be great to have a summarised, de-pedantified, {{isdama}} in a single place you could read through without feelings of remorse, loathing and an incoming migraine? Fear not! There is one! Here is [[JC]]’s whole, nutshell, [[Nutshell ISDA|plain English ISDA in one place]]!
{{tocbuilder|ISDA|2002|12}}
{{tocbuilder|ISDA|2002|13}}
{{tocbuilder|ISDA|2002|14}}


{{isdaanatomy}}
Okay, and what about a side-by-side summary of the whole ''pain''-English, full ISDA and the JC’s lovely, airy, high fibre, plain-English nutshell summary? Again, [[Side-by-side ISDA and Nutshell|we’ve got you covered]].
__NOTOC__
===Booklets and whatnot===
We also have anatomies of some — not all — of ISDA’s product booklets and credit support annexes, the most developed of which  (including [[Equity Derivatives Anatomy|Equity Derivatives]] and [[Emissions Annex Anatomy|EU Emissions Allowances]] are in the side-bar on the right under “Anatomies”.
===Introductory material===
What is a [[swap]], as explained to my neighbour Phil. We developed these [[Category:Cut out and keep|cut-out-and-keep]] explainers to help Phil swot for his exams to be a tour guide to the city of London. (He passed!)
 
Then there’s the [[Swap history|history of the ISDA Master Agreement]] (some of which [[Children of the Woods|we freely admit we made up]]), and long, impassioned and liable-to-fall-upon-deaf-ears screeds about [[Close-out Netting]], the need for [[netting opinions]] [[When variation margin attacks|variation margin]], and various other things.
===[[Financial weapons of mass destruction]]{{tm}} corner===
We are developing our own game of [[FWMD Top Trumps]]. It is what every neurotic millennial needs: Have fun ''and'' fret about forthcoming financial [[oblivion]]!
===The ISDA rabbithole===
Late, for a very important date? Then strap yourselves in, readers...
{{isda clause table}}