Isda, ICMA and TBMA form joint capital markets body

The move brings together the International Capital Market Association (ICMA), representing investment banks and securities firms operating in the international capital markets, the International Swaps and Derivatives Association (Isda), which represents the over-the-counter derivatives market, and the Bond Market Association.

Each of the three organisations will appoint four members to the GCMB, which will meet three times a year. The three bodies will continue to operate independently of th

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