ISDA 2025 – 2002 Equity Derivatives Definitions (Versionable Edition) Protocol Opens for General Adherence
18 November 2025
ISDA has opened the general adherence phase for the ISDA 2025 – 2002 Equity Derivatives Definitions (Versionable Edition) Protocol.
The Equity Definitions VE Protocol was launched on 27 October as planned.
The scheduled effective date remains unchanged on 26 October 2026.
You can find the ISDA press release here:
ISDA 2025 – 2002 Equity Derivatives Definitions (Versionable Edition) Protocol Opens for General Adherence – International Swaps and Derivatives Association
ISDA encourages market participants to adhere, which can be done by visiting the ISDA website below, where the protocol text, the FAQs and the adherence instructions are provided as well.
The current adhering parties’ list is also visible from the below website.
ISDA 2025 – 2002 ISDA Equity Derivatives Definitions (Versionable Edition) Protocol – International Swaps and Derivatives Association
A form of bilateral amendment agreement is also available here:
ISDA 2025 – 2002 ISDA Equity Derivatives Definitions (Versionable Edition) Protocol – Form of Amendment – International Swaps and Derivatives Association
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