Calculation agent

1.

A party to an over-the-counter (OTC) derivatives transaction - such as an interest rate swap (IRS) or credit default swap (CDS) - responsible for making certain calculations and determinations relating to the transaction and the exchange of payments under it.

2.

A party with similar responsibilities under other transactions or arrangements.

See also

• Collateral manager
• Credit default swap
• Credit support annex
• Global Financial Markets Association (GFMA)
• Interest rate swap
• International Swaps and Derivatives Association
• ISDA/IIFM Tahawwut Master Agreement
• Over the counter
• Valuation agent