International Swaps and Derivatives Association (ISDA)

The International Swaps and Derivatives Association (ISDA) is a global trade association that represents the interests of market participants in the derivatives industry. ISDA's mission is to promote the development of responsible risk management practices and to facilitate the efficient, transparent and fair operation of the derivatives markets.

ISDA was founded in 1985 by a group of 20 banks and securities firms. Today, ISDA has over 1,000 member institutions from over 50 countries. ISDA's members include banks, securities firms, investment managers, energy companies, and other financial institutions.

ISDA's work includes developing and publishing standardized documentation for derivatives transactions, providing market data and analysis, and advocating for public policy that supports the derivatives markets. ISDA also hosts conferences and workshops, and provides training and education programs for its members.

ISDA's work has been instrumental in the development of the derivatives markets. ISDA's standardized documentation has helped to reduce the risk of counterparty default and to facilitate the trading of derivatives. ISDA's market data and analysis provides valuable insights into the derivatives markets. And ISDA's advocacy efforts have helped to create a regulatory environment that is supportive of the derivatives markets.

ISDA is a leading voice in the global derivatives industry. ISDA's work helps to ensure that the derivatives markets are efficient, transparent, and fair. This work benefits market participants, investors, and the global economy.