The ISDA Master Agreement was published by the International Swaps and Derivatives Association , Inc. in January 1993 and is the main agreement used in the over-the-counter (OTC) global derivatives market.Every year organisations such as banks, financial institutions and major corporations collectively spend millions of pounds in training people on the ISDA Master Agreement. Courses often last 3-4 days and tend to leave attendees with bulky, uncoordinated materials and brain overload. The ISDA Master Agreement is a complex document and it normally takes 1-2 years for a negotiator to become fully proficient. This book provides a practical, clear and useful foundation for the fledgling negotiator. It will give the many new entrants to derivatives documentation the confidence to approach their work, without the need for constant reference to seniors or regular attendance on training courses.
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Paul Harding
graduated from London University in 1972 and has worked in several UK and foreign banks in London in credit, marketing and documentation roles. Since 1990 he has been involved with derivatives documentation, and was a well-known negotiator in the City with Barclays Capital Securities and Hill Samuel Bank, where he was head of treasury documentation.
In 1997 he founded Derivatives Documentation Ltd, a derivatives consultancy and project management company based in the City of London and providing negotiation, recruitment and in-house training services in derivatives documentation. Its clients include many of the world’s leading banks.
Paul Harding brings over ten years’ in-depth market experience to the subject of this book.
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