CATEGORY

The ISDA Master Agreement was published by the International Swaps and Derivatives Association , Inc. in January 1993 and is the main agreement used in the over-the-counter (OTC) global derivatives market.Every year organisations such as banks, financial institutions and major corporations collectively spend millions of pounds in training people on the ISDA Master Agreement. Courses often last 3-4 days and tend to leave attendees with bulky, uncoordinated materials and brain overload. The ISDA Master Agreement is a complex document and it normally takes 1-2 years for a negotiator to become fully proficient. This book provides a practical, clear and useful foundation for the fledgling negotiator. It will give the many new entrants to derivatives documentation the confidence to approach their work, without the need for constant reference to seniors or regular attendance on training courses.