International Swaps and Derivatives Association(redirected from International Swaps & Derivatives Association)
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International Swaps 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 for OTC derivatives. It maintains its headquarters in New York City.