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International Swaps and Derivatives Association Statement: ISDA Publishes Common Principles for Give-Up Agreements for Central Clearing

( November 10, 2009, 18:23 GMT | Official Statement) -- MLex Summary: The trade group for derivatives dealers issued guidelines negotiated with customers and clearinghouses on documentation to bolster processing of trades made under give-up agreements.NEW YORK, Tuesday, November 10, 2009 – The International Swaps and Derivatives Association, Inc. (ISDA) today announced that it has published a set of recommended common principles intended to guide documentation for give-up agreements across central counterparties (CCPs) or clearing houses....

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