国际掉期交易协会 发表评论(0) 编辑词条

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国际掉期交易协会网站网址：http://www.isda.org/

　　国际掉期交易协会（International Swaps and Derivatives Association，ISDA）为非营利性组织，成立于1985年，目前有来自46个国家超过600个机构会员，其中包括世界主要从事衍生性商品交易的金融机构、政府组织、使用OTC衍生性商品管理事业风险的企业以及国际性主要法律事务所等。

　　ISDA自成立以来，在衍生商品品种、ISDA法律文件、净额结算（netting）及担保品（Collateral）方面的法律意见以及风险管理具有显著的贡献或参与。同时也致力于参与各国政府机关维持密切沟通管道，促使这个交易市场更健全发展。

　　ISDA, which represents participants in the privately negotiated derivatives industry, is the largest global financial trade association, by number of member firms. ISDA was chartered in 1985, and today has over 800 member institutions from 56 countries on six continents. These members include most of the world's major institutions that deal in privately negotiated derivatives, as well as many of the businesses, governmental entities and other end users that rely on over-the-counter derivatives to manage efficiently the financial market risks inherent in their core economic activities.

　　Since its inception, ISDA has pioneered efforts to identify and reduce the sources of risk in the derivatives and risk management business. Among its most notable accomplishments are: developing the ISDA Master Agreement; publishing a wide range of related documentation materials and instruments covering a variety of transaction types; producing legal opinions on the enforceability of netting and collateral arrangements (available only to ISDA members); securing recognition of the risk-reducing effects of netting in determining capital requirements; promoting sound risk management practices, and advancing the understanding and treatment of derivatives and risk management from public policy and regulatory capital perspectives.