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Settlement Method Election - Equity Derivatives Provision (view source)
Revision as of 15:08, 24 September 2019
, 24 September 2019no edit summary
Amwelladmin (talk | contribs) (Created page with "{{eqderivanat|7.1}}") |
Amwelladmin (talk | contribs) No edit summary |
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{{eqderivanat|7.1}} | {{eqderivanat|7.1}} | ||
Much, much simpler than [[ISDA drafting committee|ISDA’s drafting committee]] would have you believe. | |||
If you have the option to select {{eqderivprov|Cash Settlement}} or {{eqderivprov|Physical Settlement}}, then you have to elect that, and if you don’t, the specified fall-backs —either in the confirmation, or if not, in the {{eqderivdefs}} — will apply. A work-a-day, sensible provision rendered ghoulish by ISDA’s depraved way with words. | |||