ISDA Publishes SPS Matrix Version 1.02

On December 19, 2025, ISDA published an updated version (v1.02) of the ISDA Digital Asset Derivative Definitions Settlement Price Source Matrix (‘SPS Matrix”).

The SPS Matrix contains a list of Settlement Price Sources (SPSs) and related terms that parties can reference in over-the-counter derivative contracts. The SPSs contained in the SPS Matrix include Bitcoin and Ether reference assets.

The SPS Matrix has been published in digital format on ISDA’s MyLibrary platform.

Managing Risk for Australian Superannuation Funds

Assets managed by the Australian superannuation sector reached A$4.5 trillion in December 2025, equivalent to around 160% of Australia’s GDP. Given its size, the sector has rapidly expanded its global footprint, with the share of offshore investments growing as a...