ISDA Master Agreement

From ACT Wiki
Revision as of 22:25, 16 March 2021 by imported>Doug Williamson (Add quote. Source: linked page.)
Jump to navigationJump to search

A commonly used standardised contract between counterparties trading OTC derivatives.


ISDA Master Agreements - other provisions
"... extra provision required by the parties... may include:
escrow provisions to address potential problems arising from time differences between the places to which each party makes payments (i.e. one party could make a payment at the time it is obliged to do so in the relevant time zone but then fail to receive payment due to it from the other party); in this situation provision can be made for a third party to hold payments “in escrow” and only release a payment when it has received the corresponding payment from the other party."
The Treasurer's Wiki - Derivatives documentation


See also