Novation Agreement: School-To-College

1ASSIGNMENT” This word is familiar to all of us but, only with generic meaning. To most of us, the word Assignment is known either as school or office work 😉 . But, Have you ever given a thought to “Assignment Agreement” in relation with Capital market. Well, Assignment Agreement is a profound term in capital market and this is also known as “NOVATION AGREEMENT”.

In our previous posts, we have discussed about Exchange, OTC market, different derivative classes, structured derivatives etc. and today continuing to that we will discuss about Novation Agreement.  Continue reading “Novation Agreement: School-To-College”

ISDA: A Bible for Over-The-Counter (OTC) Market

downloadAs, Our blog is on global finance markets which, also includes OTC market as a major part of it. OTC market is regulated by ISDA guidelines thereby, ISDA acts as a “bible for an entire OTC Market”. Hence, our topic for today`s discussion is ISDA.

ISDA stands for “INTERNATIONAL SWAPS & DERIVATIVES ASSOCIATION“. ISDA is an association created by the private negotiated derivatives market that represents participating parties. This association helps to improve the private negotiated derivatives market by identifying and reducing risks in the market. Continue reading “ISDA: A Bible for Over-The-Counter (OTC) Market”