ISS Affirmation definition
ISS Affirmation. A written input from a Clearing Participant in such form as determined by the Clearing House and submitted to the Clearing House to instruct the Clearing House to act in relation to an ISS Transaction involving such Clearing Participant for which an ISS Confirmation is to be or has been issued. “ISS Confirmation” One or more written input from a Clearing Participant in such form as determined by the Clearing House and submitted to the Clearing House to instruct the Clearing House to act in relation to an ISS Transaction involving such Clearing Participant for which an ISS Instruction is to be or has been issued and includes an input to redeliver the said ISS Instruction to another Clearing Participant for settlement of the said ISS Transaction.