Isda guidelines seek to end OTC settlement breaks

Julian Day, head of trading infrastructure, Isda

The International Swaps and Derivatives Association (Isda) plans to eliminate trade settlement breaks and streamline interest compensation disputes in over-the-counter derivatives transactions, according to two new best practice documents released yesterday.

In its OTC Derivatives Settlements Best Practices, Isda says financial institutions should aim to instigate full straight-through processing of settlements and automatic electronic reconciling of all cashflows before settlement date.


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: