U.S. Exchange Closings on January 2, 2007 for mourning President Gerald Ford

The International Swaps and Derivatives Association, Inc. (ISDA) announces the following guidance for parties to over-the-counter derivative transactions that are affected by the closing of U.S. exchanges on Tuesday, January 2, 2007, in observance of a national day of mourning for former U.S. President Gerald Ford.

Documents (1) for U.S. Exchange Closings on January 2, 2007 for mourning President Gerald Ford

Remove Bureaucracy from Cross-margin Approvals

Cross-margining programs play a critical role in financial markets. By ensuring margin requirements more closely reflect the actual risk of a portfolio of products, they reduce liquidity strain and improve market efficiency, both of which will become even more important...

Joint Response on CCP Resolution

On September 7, ISDA and FIA responded to a Bank of England (BOE) discussion paper on central counterparty (CCP) resolution. The associations support greater clarity on valuation capabilities prior to a crisis scenario and the boundary between recovery and resolution,...