Robert Pickel
Isda publishes new credit derivatives definitions
The International Swaps and Derivatives Association has produced a new set of credit derivatives definitions. Robert Pickel, chief executive of the trade body, said the updated definitions “reflect changes in industry dynamics over the past three years”.
Isda publishes new master agreement
Industry trade body the International Swaps and Derivatives Association has produced a new ‘master agreement’, a legal contract designed to standardise over-the-counter derivatives deals. It is the first time the document has been revised since 1992
Isda presses Congress for passage of netting provisions
The International Swaps and Derivatives Association, the trade association for the financial risk management industry, has teamed with other key trade bodies in pressing the United States Congress to secure favourable passage of legislation on financial…
Isda reports 75% increase in collateral use for derivatives trades
Collateral use in over-the-counter derivatives transactions and related margined activities such as repos and structured products increased 75% from $250 billion in 2001 to $437 billion this year, said the International Swaps and Derivatives Association…
Isda in bid to shift master agreements online
The International Swaps and Derivatives Association (Isda) has signed a deal with online negotiations software provider Beachfire to allow over-the-counter (OTC) derivatives master agreements to be negotiated online.
Documentation dilemmas
Concerns over credit event definitions and the Basel Committee’s ‘ w ’ capital charge on credit mitigation instruments will not be easily resolved.