International Swaps and Derivatives Association

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(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