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ISDA's Associate Membership category is designed for service providers -- brokers, law firms, accounting firms, consulting firms and software providers - who are active in the privately negotiated derivatives business. Associate Membership provides a forum for these industry participants to stay abreast of and contribute to important developments and initiatives. For the purpose of assessing dues, Associate Members fall into three classes. Please note that the distinction is made solely for dues assessment and does not affect an Associate Member's privileges. The first of the classes is for industry service providers that are active across most or all financial centers around the world. The second is for firms who serve strictly as brokers of derivatives transactions (and who are not dealers in or agents to such transactions, in which that case must under ISDA's by-laws be classified as Primary Members). The third is for all other industry service providers. First-year dues for Associate Members are prorated to reflect the timing of their entry into the Association. |