 | |
| Company type | Trade association |
|---|---|
| Founded | 1985 |
| Headquarters | New York City |
| Website | www.isda.org |
The International Swaps and Derivatives Association (ISDA /ˈɪzdə/) is a trade organization of participants in the market for over-the-counter derivatives.
It is headquartered in New York City, and has created a standardized contract (the ISDA Master Agreement) to enter into derivatives transactions. In addition to legal and policy activities, ISDA manages FpML (Financial products Markup Language), an XML message standard for the OTC Derivatives industry. ISDA has more than 925 members in 75 countries; its membership consists of derivatives dealers, service providers and end users.[1]
- ^ ISDAa (6 August 2012). "ISDA Primary Members" (PDF). International Swaps and Derivatives Association. p. 9. Archived from the original (PDF) on 18 October 2013. Retrieved 9 August 2013.
The list of 196 primary members include Glencore International AG, BP Plc, Koch Supply & Trading, LP, Citadel Securities LLC, Citigroup, Credit Suisse, Daewoo Securities Co., Ltd. investment banks such as Deutsche Bank AG, J.P. Morgan Chase & Co., Barclays Capital, Bank of America Merrill Lynch, BNP Paribas, Citigroup, Credit Suisse, The Royal Bank of Scotland plc (RBS Greenwich?) and UBS AG.