For Immediate Release Monday, June 6, 2005
For More Information Contact:
The International Swaps and Derivatives
Association, Inc. (ISDA) has published a confirmation agreement form
specifically designed for interdealer equity
derivatives index trades in the Asia Pacific region excluding
The 2005 Asia Excluding Japan (AEJ) Interdealer
Master Equity Derivatives Confirmation Agreement is designed to document
index option and swap transactions and share option and swap transactions with
respect to underlying shares or indices in
“This document
caters to the specific needs of the Asia Pacific region in allowing election of
terms that reflect market practice in each of the regional markets,” said
ISDA is the global trade association representing leading participants in the privately negotiated derivatives industry. ISDA was chartered in 1985, and today has more than 625 member institutions from 47 countries on six continents. These members include most of the world's major institutions that deal in privately negotiated derivatives, as well as many of the businesses, governmental entities and other end users that rely on over-the-counter derivatives to manage efficiently the financial market risks inherent in their core economic activities. Information about ISDA and its activities is available on the Association's web site: www.isda.org.