ISDA 2013 DF Agreement for Non-U.S. Transactions

The ISDA 2013 DF Agreement for Non-U.S. Transactions and Annexes is intended to allow market participants to enter into selected provisions of the ISDA August 2012 DF Protocol (published on August 13, 2012) and/or the ISDA March 2013 DF Protocol (published on March 22, 2013) that are relevant to transactions that occur at least in part outside of the United States. ISDA has also prepared an explanatory memorandum to assist market participants in their consideration of the form of the ISDA 2013 DF Agreement for Non-U.S. Transactions.

Stress Scenarios for CCP IM Simulators

ISDA has published a paper that explains why stress scenarios that central counterparties (CCPs) use for default fund sizing cannot be used for forward-looking initial margin (IM) simulators. Typically, stress scenarios used by CCPs consist of a single step, transitioning...

Paper on EMIR 3 Active Account Representativeness

On September 4, ISDA, the European Fund and Asset Management Association (EFAMA) and FIA shared a paper with EU policymakers requesting clarification on the implementation of the active account requirement under the third European Market Infrastructure Regulation in relation to...

Episode 51: Trading Places

Markets have been volatile so far this year, but what has this meant for market liquidity? The Swap talks to Chris Edmonds from Intercontinental Exchange on trading activity and the market, economic and geopolitical outlook. Please view this page via...