No-action relief request for SDs/MSPs who do not undertake reporting responsibilities with respect to Clearing-created Swaps under Rule 45, until such time as the Commission promulgates a rule specifically treating reporting responsibility with respect to Clearing-Created Swaps. One example of such a swap would be a “firm” or “forced” trade – a cleared trade entered into between a DCO and a clearing member pursuant to the testing that a DCO is required to do of the actionable prices clearing members must provide to the DCO as the basis for the DCO’s daily market pricing.
Documents (1) for No-Action Relief Request: Clearing-created Swaps ("firm" or "forced" trades)
Latest
U.S. Federal Holidays on December 24 and 26, 2025
Pursuant to an Executive Order of the President of the United States, December 24 and December 26 have been designated as federal holidays for U.S. federal government purposes. The designation of such dates as U.S. federal holidays is not expected to affect...
ISDA Publishes SPS Matrix Version 1.02
On December 19, 2025, ISDA published an updated version (v1.02) of the ISDA Digital Asset Derivative Definitions Settlement Price Source Matrix (‘SPS Matrix”). The SPS Matrix contains a list of Settlement Price Sources (SPSs) and related terms that parties can...
From Milestone to Modernization
We’re coming to the end of an exceptionally busy year at ISDA, in which we celebrated our 40th anniversary and doubled down on our enduring commitment to safe and efficient derivatives markets. Reflecting on ISDA’s achievements since 1985, it’s clear...
Response on ASIC Derivative Transaction Rules
On December 3, ISDA submitted a response to the Australian Securities and Investments Commission (ASIC) consultation on the remake of the ASIC Derivative Transaction Rules (Clearing) 2015, which are due to sunset on April 1, 2026. ASIC proposed to remake...