Template:M summ Equity Derivatives 1

The M summ Equity Derivatives 1 are intended to be used with the ISDA Master Agreement. This is dreadful, leaden literature — but 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 They were meant to be superseded, in 2011, by the 2011 Equity Derivatives Definitions, thrillingly written by a squadron of chatbots from Linklaters in bang-up-to-date, state-of-the-art, super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 2002 ISDA Equity Derivatives Definitions — a whole anatomy dedicated to that — seeing as that is what everyone still uses.