international swaps and derivatives association (isda)

What are ISDA Master Agreements?

The ISDA Master Agreement is a standardized contract used globally for OTC derivatives transactions. It includes general terms and conditions such as definitions, representations, and warranties, as well as provisions for the termination and close-out netting of transactions. This standardization helps reduce legal uncertainties and simplifies the process of dispute resolution. It is widely adopted by financial institutions, corporations, and investment funds.

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