Private company

International Swaps and Derivatives Association

Logo: Lev Radin, Kevin Leech, Public domain, via Wikimedia Commons4

Trade organization

The International Swaps and Derivatives Association (ISDA ) is a trade organization of participants in the market for over-the-counter derivatives. It is headquartered in New York City. It has created a standardized contract (the ISDA Master Agreement) to enter into derivatives transactions.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

  • HeadquartersNew York City1
  • Websitewww.isda.org
  • Legal formNot-for-profit Corporation3
  • LEI549300X2X6FG1ZZO46033
  • StatusActive3
  • LEI statusLapsed (not renewed)3
  • Registered addressOFFICE OF THE GENERAL COUNSEL, 10 E. 53RD STREET, FLOOR 9, 10022 New York, United States3
  • Registered withCorporation and Business Entity Database (Division of Corporations, State Records and UCC, Department of State), 9999953

The International Swaps and Derivatives Association (ISDA ) is a trade organization of participants in the market for over-the-counter derivatives. It is headquartered in New York City.2

The story

ISDA was initially created in 1985 as the International Swap Dealers Associations, Inc. and subsequently changed its name switching "Swap Dealers" to "Swaps and Derivatives". This change was made to focus more attention on their efforts to improve the more broad derivatives markets and away from strictly interest rate swap contracts.

In 2009 a New York Times article mentioned that in 2005 the ISDA allowed rule changes to CDO payouts (Pay as You Go) that would benefit those who bet against (shorted) mortgage-backed securities, like Goldman Sachs, Deutsche Bank, and others.

ISDA has offices in New York, London, Hong Kong, Tokyo, Washington D.C., Brussels and Singapore. It has more than 800 member firms from six continents. The current Chief Executive Officer is Scott O'Malia, who joined ISDA in 2009.

From Wikipedia’s article on International Swaps and Derivatives Association, shared under CC BY-SA 4.0.5

Timeline

  1. May 24, 1985Founded International Swaps and Derivatives Association is founded3