International Swaps and 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.
References in periodicals archive ?
The working group will now analyse further both the backward- and forward-looking approaches as potential fallbacks for EURIBOR, acknowledging work being done in other currency areas as well as by the International Swaps and Derivatives Association (ISDA), which has announced the launch of a consultation on determining a fallback for EURIBOR-linked derivatives contracts following the start of the publication of the STR.
Dollar International Swaps and Derivatives Association Fix, a leading global benchmark referenced in a range of interest rate products, to benefit BNP Paribas's derivatives positions in instruments such as cash-settled options on interest rate swaps and certain exotic structured products.
This makes the Master Agreement prepared by the International Swaps and Derivatives Association very important.
The Commodity Futures Trading Commission said that bank employees had, between 2007 and 2012, made false reports and attempted to manipulate the US Dollar International Swaps and Derivatives Association Fix that are used as a benchmark in many derivatives products.
The International Swaps and Derivatives Association ("ISDA") provides the standard documentary formalities for swaps and derivatives.
Clifford Chance acted as counsel to the DIFCA in the preparation of the law, and Habib Motani, a partner in Clifford Chance, worked in conjunction with Dr Peter Werner, director of Policy at ISDA (the International Swaps and Derivatives Association) on the preparation of the DIFC's netting law, which is based on ISDA's model netting law.
In 2009 the International Swaps and Derivatives Association (ISDA) established new settlement procedures for CDS.
I think it needs to be global," Gensler said on the sidelines of an International Swaps and Derivatives Association conference.
However, their applications for licences were rejected by the leading financial information supplier on the CDS market, Markit, and by the professional organisation of banks specialised in this type of market, International Swaps and Derivatives Association (ISDA), to which the Commission has also sent statements of objections.
The contract, which the International Swaps and Derivatives Association developed with the Securities Industry and Financial Markets Association, has pre-agreed terms including on coupons and payment dates, according to a press release distributed today at ISDA's annual general meeting in Singapore.
(BNA) -- The International Islamic Financial Market (IIFM) and the International Swaps and Derivatives Association, Inc.
The International Swaps and Derivatives Association (ISDA), the body which rules on whether a so-called "credit event" that would trigger the CDS has occurred, decided on Thursday that Greece had not breached the terms of the insurance contracts.
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