Template:M summ Equity Derivatives 1: Difference between revisions

[[1 - Equity Derivatives Provision|If]] you are looking for literature to broaden your earthly perspective, or shine a torch into the dark crevices of the human condition, the {{eqdefs}} might not be the first volume you would pull off the shelf, but in its own way, in its Escheresque self-referencing reflexivity, it affords us an oblique perspective on the motivations of those who operate in the strange demi-monde of the international capital markets. Quotidian things which any fool knows instinctively without needing to be told are said, said, and said again; things which even a careful analyst would prefer greater elucidation — like what counts as a “{{eqderivprov|Dividend}}” — are left thrillingly under-determined. The definitions bear the everyone has sort of put up with it, and got used to it. They were meant to be superseded, in 2011, by the [[2011 Equity Derivatives Definitions]], thrillingly written by a squadron of [[chatbot]]s from [[Linklaters]] in bang-up-to-date, state-of-the-art, super duper hi-tech [[Financial products Markup Language]], but — well, every one still uses the stupid old 2002 versions. The [[JC]] being in the first rank a pragmatist, you will find little information here about the newer booklet — other than the odd wry remark about the [[Hindenburg]], and the mortal scarring to those poor folk at [[Linklaters]] who wrote the damn things, but plenty about the ghastly old {{2002equitydefs}} — a whole [[Equity Derivatives Anatomy|anatomy]] dedicated to that — seeing as that is what everyone still uses.