The collateral rate definitions clarify that the inclusion of the collateral rate definition does not affect the application of the ISDA 2014 Collateral Agreement Negative Interest Rate Protocol (the „Negative Interest Rates Protocol“) to security agreements. In particular, the definitions of the interest rate as collateral specify that the indication of the amended STR as the applicable interest rate is not a `spread determination` within the meaning of the Negative Interest Rate Protocol. The inclusion of a spread clause in a collateral agreement may mean that the agreement does not fall within the scope of the Protocol on negative interest rates. If the parties wish to apply the version of the security game definitions from time to time, they may expressly provide for this in the safeguard clause. The parties may also use the overwriting mechanism contained in the definitions of the elements of the security phrase. The transfer mechanism may be applied either at a specific interest rate or at all interest rates. When the suspension mechanism is applied, the case returns contained in the latest version of the definitions of the security phrase shall be applied regardless of when the safeguard contract was performed. Due to the high risk of losses on both sides, derivatives traders typically provide collateral as a credit medium for their trades. ISDA framework contracts are required between two parties who trade derivatives in an agreement traded or traded over-the-counter (OTC) and not through an established exchange. Most derivatives trading is done through private agreements. .