Under the terms of the RFQ, the chosen vendor will assist
ISDA in conducting an analysis of the product data elements found in Financial products Markup Language, and producing the framework for an executable digital
com/acadiasoft, will be updated regularly to conform to the latest
ISDA guidelines.
As mentioned above, many parties in Kuwait, including foreign and local financial institutions as well as corporates, enter into derivative transactions by utilizing the aforementioned
ISDA documentation.
He also thanked
ISDA for its cooperation in working with IIFM in developing these standards, and looks forward to completing the remaining standardisation projects.
It said that the protocol will impose a stay on cross-default and early termination rights within standard
ISDA derivatives contracts between G-18 firms in the event one of them is subject to resolution action in its jurisdiction.
But London-based
ISDA also noted that the situation in Greece was still evolving and further questions relating to the debt-laden nation could be submitted.
ISDA agreements are subject to either US or English law.
Contact: Deborah Abbott,
ISDA, phone 317-232-8767, e-mail dabbott@isda.
Since 1985,
ISDA has worked to make the global over-the-counter (OTC) derivatives markets safer and more efficient.
At the same time, banks are facing increased capital requirements, high costs and pressure on profitability, says Scott OMalia,
ISDA Chief Executive.
Intercontinental Exchange (NYSE:ICE), an operator of global exchanges and clearing houses and a provider of data and listings services, announced on Friday that the International Swaps and Derivatives Association Inc (
ISDA) has selected ICE Benchmark Administration (IBA) to be the secretary to the
ISDA Credit Derivatives Determinations Committees (DCs).
Since 1985,
ISDA said it has worked to make the global over-the-counter derivatives markets safer and more efficient.
