ISDA Publishes ISDA SIMM v2.4

ISDA has published the ISDA SIMM® Methodology, version 2.4, with an effective date of December 4, 2021.

The effective date of December 4, 2021 means that SIMM users should use SIMM version 2.4 to calculate the initial margin for their portfolios for close of business on Friday, December 3, 2021 onwards. This means that the first day for the exchange of initial margin calculated using SIMM 2.4 would be on Monday, December 6, 2021.

This version of SIMM includes updates based on the full recalibration and industry backtesting of the methodology.

Documents (1) for ISDA Publishes ISDA SIMM v2.4

Bulk Adherence Upload Page

Please download the attached Excel worksheet and fill out a separate row for each adherence. Then select and upload your completed file using the buttons below. If any errors are found, please correct and re-upload. Note that, if the only...

ISDA Response to HMT SI on Digital Assets

On May 23, ISDA sent a comment letter in response to a draft statutory instrument (SI) from His Majesty’s Treasury (HMT) that establishes a new regulatory framework for digital assets. In the letter, ISDA recommends a review of the proposed...

FX Emerging Markets Documentation

ISDA now hosts the Template Terms published by EMTA, Inc. (the Emerging Markets Traders Association). More information about ISDA’s and EMTA’s respective roles in documentation for emerging markets is available at the following link. The documents can be found in...