MEMORANDUMFia-Isda Cleared Derivatives Execution Agreement • June 16th, 2011
Contract Type FiledJune 16th, 2011The Futures Industry Association (“FIA”), together with the International Swap and Derivatives Association (“ISDA”), is publishing the attached FIA-ISDA Cleared Derivatives Execution Agreement (“Agreement”) as a template for use by cleared swaps market participants in negotiating execution-related agreements with counterparties to swaps that are intended to be cleared. The Agreement was developed with the assistance of a committee comprised of representatives of certain FIA and ISDA member firms which include both swap dealers and buy-side firms, but should not be taken as representing the views of any one firm or group of firms, or the whole or any segment of the cleared swaps market.