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ISDA |
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ISDA International Swap and Derivatives Association A professional organization for traders in swaps and other derivatives. It serves as a lobbying group for the profession with the United States government, and sets uniform practices for members. Importantly, it writes and periodically updates the ISDA Master Agreement, which is a standardized contract of OTC derivatives. It maintains its headquarters in New York City. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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In addition, ISDA also released a Last Call Working Draft for version 4. All sides of the credit derivatives industry continue to work through ISDA to achieve a longer term solution, as set forth in its Net Physical Settlement Proposal. The amounts do not, however, represent the risks associated with the activity; in order to determine risk, it is necessary to estimate net replacement cost, which ISDA does not collect. |
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