In response to the closure of certain markets and systems in the Philippines, ISDA has drafted guidance regarding the impact of such closures on certain over-the-counter derivative transactions.
Such guidance can be found below.
Please note the guidance may be updated from time to time.
ISDA is continuously monitoring how COVID-19 impacts its members. Developments, including information on market closures and electronic execution, can be found here.
Documents (3) for ISDA Guidance: Philippines Market Closures
- ISDA Philipines Market Closures Guidance 1998 FX Definitions 18032020(pdf) will open in a new tab or window
- ISDA Philippines Market Closures Guidance Equity Definitions 18032020(pdf) will open in a new tab or window
- ISDA Philippines Market Closures Guidance 2006 Definitions 18032020(pdf) will open in a new tab or window
Latest
IRD Trading in the US, EU and UK
This research note analyzes changes in interest rate derivatives (IRD) trading activity in the US, EU and UK from 2021 to 2024. It examines how central bank interest rate policies influenced IRD trading volumes and how the composition of IRD...
Response to ESMA on Clearing Threshold Regime
On June 16, ISDA responded to the European Securities and Markets Authority's (ESMA) consultation on the new clearing threshold (CT) regime. The new CT regime, based on uncleared positions, was introduced in the context of the European Market Infrastructure Regulation...
Response to EC on Integration of EU Capital Market
On June 10, ISDA submitted a response to the European Commission's (EC) consultation on the integration of EU capital markets. The consultation was launched as part of the EC's Savings and Investment Union project. In the response, ISDA addressed themes...
ISDA Launches Pre-adherence Period for Notices Hub
ISDA has begun a pre-adherence process for the ISDA Notices Hub, enabling firms to sign up to a free protocol that will allow them to use the new platform when it launches on July 15. Under the ISDA Master Agreement,...