ISDA Master FX Novation and Cancellation Protocol

The ISDA FX Novation and Cancellation Protocol (the "ISDA FX Novation and Cancellation Protocol" or "Protocol") covers foreign exchange products confirmed under the 1998 FX and Currency Option Definitions published by ISDA, the FXC and EMTA, Inc.  The Protocol offers parties an efficient way to make amendments to their documentation to accommodate the transfer by novation of Covered Transactions and, in some cases, the Cancellation of Linked Covered Transactions.

The ISDA FX Novation and Cancellation Protocol is open to ISDA members and non-members. There is no cut off date for adherence.  ISDA reserves the right to designate a closing date of this protocol by giving 30 days notice on this site.

Click here for a detailed overview of the Protocol.