ISDA Derivatives Overhaul On The Way

The International Swaps & Derivatives Association has revealed that it is currently preparing one of the biggest overhauls of the derivatives market of all time.

The last big regulation changes in the derivatives industry were introduced in 2004, when the market was much smaller than it is today.

The ISDA says that it is going to offer sets of possible changes to the rules that govern derivative trading to market participant. Those individuals and organizations will offer feedback on the proposed changes, allowing the organization to get a better picture of the effects of the changes on the...