• International Swaps and Derivatives Association (ISDA)

    International Swaps and Derivatives Association (ISDA) is the trade organization which provides standard for OTC derivatives contracts, applicable product types and different kind of standard master agreement types for derivatives transactions. At the same time, it also manages FPML (Financial products Markup Language) which is nothing but a standard XML message template used by all the investment banks for OTC Derivatives.

    ISDA was founded in 1985 and its headquarter is located in New York City, USA

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