Template:M summ Equity Derivatives 1.39

From The Jolly Contrarian
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Just a brief irked note to ask whether, without obviously mocking the entire process, one could have created a more tortured way of explaining that “physically-settled” means, you know, physically-settled?

Not only is was this poor semantic concept unfairly harassed by ISDA’s crack drafting squad™ as it went about its peaceable business, but it was then taken in to the cells and tortured, too. Mean.