Terminus [ ISDA ]

Kontext 1
Aus ersten Daten der International Swaps and Derivatives Association (ISDA) zum Geschäft mit Swaps und swapbezogenen Zinsoptionen geht hervor, daß das Geschäft - nach einem Stillstand im Jahr 1997 - 1998 weiter expandierte.
BIZjb98-151

Definition 1
The International Swaps and Derivatives Association (ISDA) is the leading global trade association representing participants in the privately negotiated derivatives industry, a business which includes interest rate, currency, commodity and equity swaps, as well as related products such as caps, collars, floors and swaptions. ISDA was chartered in 1985, and today numbers over 330 members from around the world. These members include most of the world's major institutions who deal in, as well as leading end-users of, privately negotiated derivatives.
http://www.in-the-money.com/glossarynet/Inte0054.htm

Kontext 1
At expiry, the cash flows are discounted based on the International Swaps and Derivatives Association's benchmark swaps rate fixing, displayed on Reuters. Since any change in swap rates will affect the present value of the cash flows, the product effectively captures the interest rate sensitivity of equivalent five- or 10-year interest rate swaps—while eliminating the floating leg.
http://www.derivativesstrategy.com/magazine/archive/1998/1098exch.asp

Kontext 1
Preliminary data released by the International Swaps and Derivatives Association (ISDA) on activity in swaps and swap-related interest rate options show that, following a pause in 1997, expansion resumed in 1998.
BISar98-136