This area of EMTA’s website lists the various forms of standardized documents developed by the EMTA membership in the area of FX and Currency Derivatives. Beginning in 2001, with the publication of its first set of template terms for non-deliverable forward FX transactions for the Argentine Peso, the Brazilian Real, the Indian Rupiah, the Korean Won, the Philippine Peso and the Taiwan Dollar, EMTA has continued to develop more such documentation with the goal of reducing settlement backlog, enhancing market transparency and promoting efficiency. You may read more about this effort overall in Activities & Services/Working and Interest Groups.

Members may access the full text of the documents below with their EMTA log-on id and password information. Non-members interested in accessing the full text of specific documents should CONTACT US. An access fee may apply. Certain documentation may be reserved for Member Use only.

This area contains several subsections by type or category of document. For ease of use and access, you may click on a particular category, or simply scroll down the page to the section you seek.

Draft Documentation Bulletin Board
Master Confirmation Agreements and Practice Notes
Current Recommended EMTA Template Terms for Non-Deliverable Forward FX Transactions
Superseded EMTA Template Terms for Non-Deliverable Forward FX Transactions
Non-Deliverable Options
Standard Definitions
Survey Methodologies
User’s Guides
Multilateral Amendments and Documentation Protocols
Other Documentation

 

Draft Documentation Bulletin Board
From time to time, EMTA will post draft documentation in this area for review and comment by its Members. Members may direct email comments on these drafts to Leslie Payton Jacobs of EMTA (Click Here), by fax at 212-313-1016 or by phone at 212-313-1003 (alt. 301-838-4552).

Guide to Economic Terms in SWIFTMT300 Format for NDF Transactions Dated June 29, 2007

Standard Definitions
Compendium of Amendments to Annex A to the 1998 FX and Currency Option Definitions Updated as of June 25, 2008

PKR and VND Rate Source Definitions dated June 25, 2008

TARGET2 Amendment to the 1998 FX and Currency Option Definitions Dated June 5, 2008

VEF Rate Source Definition Amendment Dated April 16, 2008

PEN Amendment to Annex A Dated November 15, 2007

INR and PHP Amendments to Annex A Effective October 25, 2006

CLP, COP and PEN Rate Source Definitions Effective August 1, 2006

KRW Amendments to Annex A Dated April 3, 2006

CNY Amendment to Annex A Dated March 6, 2006

2005 Barrier Option Supplement to the 1998 FX and Currency Option Definitions

Practice Notes to the 2005 Barrier Option Supplement to the 1998 FX and Currency Option Definitions

ROL Amendment to Annex A Dated July 1, 2005

MYR and IDR Amendments to Annex A Effective July 15, 2005

RUB Amendments to Annex A Dated June 16, 2005

TRY Amendments to Annex A Dated January 1, 2005

Asian Currency Rate Source Definition Amendments to Annex A of the 1998 FX and Currency Option Definitions Effective December 1, 2004

BRL Amendments to Annex A Dated March 1, 2004

KRW Amendments to Annex A Dated December 2, 2003

TWD Amendments to Annex A Dated March 3, 2003

ARS Amendments to Annex A Dated as of January 2, 2003

ARS Amendments to Annex A Dated July 10, 2001

KRW amendments to Annex A Dated June 20, 2001

Revised Annex A to the 1998 FX and Currency Option Definitions Dated September 25, 2000

1998 FX and Currency Option Definitions

Brazilian Real Rate Source Definitions Effective as of March 14, 2000

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Survey Methodologies
SFEMC PKR Indicative Survey Rate Methodology Dated as of July 14, 2008

EMTA CLP Indicative Survey Rate Methodology Dated August 1, 2006

EMTA COP Indicative Survey Rate Methodology Dated August 1, 2006

EMTA PEN Indicative Survey Rate Methodology Dated August 1, 2006

SFEMC MYR Indicative Survey Methodology Dated as of July 15, 2005

CME/EMTA Daily Russian Ruble/U.S. Dollar Reference Rate Methodology Effective June 16, 2005

EMTA RUB Indicative Survey Rate Methodology Dated as of June 16, 2005

SFEMC Indicative Survey Methodologies Effective as of December 1, 2004

EMTA BRL Industry Survey Rate Methodology Dated as of March 1, 2004

EMTA BRL Indicative Survey Rate Methodology Dated as of March 1, 2004

EMTA ARS Industry Survey Rate Methodology Dated as of January 2, 2003

EMTA ARS Indicative Survey Rate Methodology Dated as of January 2, 2003

CME/EMTA ARS Methodology (Dated and Effective as of July 10, 2001)

Chicago Mercantile Exchange/EMTA Brazilian Real/U.S. Dollar Industry Survey Methodology Dated November 8, 1999

Revised Chicago Mercantile Exchange/Emerging Market Traders Association Ruble Rate Methodology Dated October 14, 1998

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User’s Guides
Second Addendum to 2004 Asian Currency Non-Deliverable FX Documentation Effective July 14, 2008

User’s Guide to Documenting Non-Deliverable Currency Option Transactions Updated June 26, 2008

EMTA Guidance Note on Understanding Business Day Conventions in the EMTA Template Terms for Non-Deliverable Forward FX and Currency Option Transactions Dated April 2, 2008.

User’s Guide to Non-Deliverable FX Documentation Updated October 25, 2006

User’s Guide to CLP, COP and PEN NDF Documentation Effective as of August 1, 2006

Addendum to User's Guide to the 2004 Asian Currency Non-Deliverable FX Documentation for MYR/USD Dated July 15, 2005

User's Guide to Russian Ruble NDF Documentation Effective as of June 16, 2005

User's Guide to 2004 Asian Currency Non-Deliverable FX Documentation Dated December 1, 2004

User's Guide to Revised BRL NDF Documentation Dated March 1, 2004

User's Guide to Revised ARS NDF Documentation Dated February 7, 2003

User's Guide to The NDF Market Practices Dated September 21, 2000

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Multilateral Amendments and Documentation Protocols
Form of Multilateral Amendment Agreement for PEN/USD Non-Deliverable Forward FX and Currency Option Transactions
  Institutions Signing the PEN/USD Multilateral Amendment Agreement

Form of Multilateral Amendment Agreement for CLP, COP and PEN Non-Deliverable FX and Currency Option Transactions
  Institutions Signing the CLP, COP and PEN Multilateral Amendment Agreement

Form of Amendment Agreement for MYR/USD FX and Currency Option Transaction

Form of Multilateral Amendment of Russian Ruble/USD Non-Deliverable Foreign Exchange Confirmations
  Institutions Signing the Multilateral Amendment for RUB/USD Non-Deliverable FX Transactions

Form of Multilateral Amendment Agreement for Asian Currency FX and Currency Option Transactions
  Institutions Signing the Multilateral Amendment for Asian Currency FX and Currency Option Transactions

Form of Multilateral Amendment Agreement of Brazil Real Non-Deliverable Foreign Exchange Confirmations
  Institutions Signing the Multilateral Amendment for BRL/USD Non-Deliverable FX Transactions

Form of Multilateral Amendment for Non-Deliverable FX and Currency Option Transaction
  Institutions Signing Multilateral Amendment Effective June 23, 2003

Form of Multilateral Amendment of Argentine Peso Non-Deliverable Foreign Exchange Confirmations
  Institutions Signing the Multilateral Amendment for ARS Non-Deliverable FX Transactions

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Other Documentation
Asia Reference Dealer "Reference" List Dated February 5, 2001