Isda in sweeping commodity definitions overhaul - Exclusive

The International Swaps and Derivatives Association is reviewing the master document of all commodity definitions used in financial transactions and derivatives, in the largest overhaul of its kind since 2005.

The trade body is looking at the whole Annex A of Isda commodity definitions, which is the master document used in financial transactions. The document includes all global commodity reference prices, across all asset classes from agriculture to gas, to palm oil, metals, bullion and even