The ISDA Equity MCA Protocol (the “Protocol”) is a tool for parties seeking to enter into Master Confirmation Agreements to document equity derivative transactions. The Protocol allows parties to submit an adherence letter and adopt a Master Confirmation Agreement with all counterparties who also submit an adherence letter AND with whom they had executed a side letter which governs other provisions which must be bilaterally determined. Documents covered under this Protocol are:

  1. Stand-alone 2007 Americas Master Variance Swap Confirmation Agreement, published by ISDA on January 30, 2007

  2. 2007 AEJ Master Variance Swap Confirmation Agreement, published by ISDA on February 12, 2007

  3. 2007 European Master Equity Confirmation Agreement, published by ISDA on May 10, 2007 and updated on September 17, 2007.

  4. Revised 2007 European Variance Swap Master Confirmation Agreement, published by ISDA on June 25, 2007

  5. 2006 Japan Master Variance Swap Confirmation Agreement, published by ISDA on January 22, 2007