Derivatives · glossary

Standard forms, the market's recommended

The published model documents the market builds on, from ISDA: a printed master text, a schedule of choices, rate definitions and a collateral annex. This file follows their shape without their words, and the parties negotiate only the choices. Lawyers call the master text "the ISDA". The training document · Chapter 4 · Chapter 14

Explained in Chapter 4, One Agreement: the Master, the Schedule and the People Who Negotiate It, of Derivatives.

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