Digital Asset Derivatives Overview

This section of the ISDA website is a hub for links to key information and ISDA’s work regarding Digital Asset Derivatives – including documentation, market structure, public policy, research, market practices, guidance notes and educational materials.

ISDA’s Digital Asset Derivatives working groups:
ISDA conducts work on Digital Asset Derivatives issues though a variety of working groups; however, there are two specific working groups focused on this asset class:

To request to join an ISDA working group: (1) Create an account on the ISDA website; and (2) After you create an account, log in and go to the Committees section to view your ISDA Committee Dashboard. You can request to join and leave working groups and distribution lists.

Links to key Digital Asset Derivatives infrastructures/documentation:

News on current Digital Asset Derivatives initiatives:

  • Settlement Price Source Matrix: ISDA has published an updated version (v1.02) of the ISDA Digital Asset Derivative Definitions Settlement Price Source Matrix (“SPS Matrix”). Versions 1.01 and 1.02 are available in MyLibrary. More information at the following webpage (“ISDA Publishes SPS Matrix Version 1.02”) and by joining the ISDA Digital Assets Market Infrastructure Group.
  • Settlement Price Source Naming Convention: ISDA published a document setting out the naming convention for how the Settlement Price Sources (“SPSs”), as defined in the ISDA Digital Asset Definitions Settlement Price Matrix (“the SPS Matrix”), should be named to increase consistency and understandability. More information at the following webpage (SPS Matrix-SPS Naming Convention) and by joining the ISDA Digital Assets Market Infrastructure Group.
  • Report on the Impact of Distributed Ledger Technology (DLT) in Capital Markets: ISDA joined with other trade associations in a joint report outlining major developments and current issues in digital financial technology. The report is a comprehensive overview of the current state of technology, laws and regulation governing DLT and digital assets in jurisdictions around the world. For more information, you can read the report here.

If you have any questions or would like additional information in relation to these matters, please email: ISDADerivativeProductsandInfrastructure@isda.org.

Tags:

,

ISDA Paper on FRTB Rules in Brazil

On March 24, ISDA submitted a paper to Banco Central do Brazil’s (BCB) on its implementation of the revised market risk framework under the Fundamental Review of the Trading Book (FRTB), which represents an important step toward strengthening prudential standards...

IQ Interview with Mark Uyeda

Mandatory clearing of US Treasury securities is due to begin at the end of this year under rules finalized by the Securities and Exchange Commission (SEC) in 2023. SEC commissioner Mark Uyeda talks to IQ about the benefits of clearing...

Response to FCA on CFI Codes for Transparency

On March 19, ISDA responded to Chapter 3 of the UK Financial Conduct Authority’s (FCA) Quarterly Consultation CP26/8 on transparency requirements for financial instruments under Market Conduct Sourcebook (MAR) 11. Sections 3.11-3.13 of the consultation paper explain a discrepancy between...

Why We Need Safe and Efficient SFT Markets

Securities financing transactions (SFTs) play a vital role in fostering liquidity, mobilizing collateral and supporting the smooth functioning of derivatives markets. But during periods of stress, secured funding markets often come under pressure just when they’re needed most, with reduced...