International Swaps and Derivatives Association
From ACT Wiki
(ISDA).
The industry body responsible, among other things, for standardising swap documentation.
The terms of swaps are normally governed by a minimum of two documents: a Master Agreement (often referred to simply as an ‘ISDA’) and a confirmation of the specific details of a particular trade (the ‘confirmation’).
The International Swaps and Derivatives Association was formerly the International Swap Dealers Association.
