International Swaps and Derivatives Association

(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.

See also

• Calculation agent
• Collateral manager
• Credit default swap
• Credit support annex
• Global Financial Markets Association (GFMA)
• ISDA Master Agreement
• ISDA/IIFM Tahawwut Master Agreement
• Valuation agent