Common Contracts
1 similar Master Confirmation Agreement contracts
Master Confirmation Agreements for Equity DerivativesMaster Confirmation Agreement • October 5th, 2021
Having a Master Confirmation Agreement (“MCA”) in place to cover equity derivative transactions - primarily swaps or options on shares, indices or baskets - has clear advantages for many participants on both sides of the market. Equity derivative confirmations are notoriously difficult to negotiate as the documentation contains many terms apportioning risk between parties with different priorities. In addition, some provisions if triggered can result in the termination of a trade or adjustments to its economic terms.
