International Swap Dealers Association

International Swap Dealers Association (ISDA)

Formed in 1985 to promote uniform practices in the writing, trading, and settlement of swaps and other derivatives.
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He currently serves as a trustee of South Kent School and previously was a director of the Corporation Service Company (CSC) and the International Swap Dealers Association (ISDA) and a trustee of the College of the Atlantic.
International Swap Dealers Association) suggested a standardised
Participants include John Bovenzi, Chief Operating Officer, FDIC; Mark Harding, Partner, Clifford Chance LLP; Oliver Page, Financial Services Authority; Robert Pickel, Chief Executive Officer, International Swap Dealers Association; and Ken Scott, Stanford Law School.
The overwhelming majority of these hedges are documented using the master agreement prepared by the International Swap Dealers Association, Inc.
That agent, known as a counterparty or calculating agent, is almost always a member of the International Swap Dealers Association, and, even if it weren't, is expected to abide by the association's rules.
(2) Swaps and other over-the-counter derivatives require special legal documents or International Swap Dealers Association agreements to be in place.

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