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Straightforward guidance across a range of topics
- Derivatives
- ISDA documentation for OTC transactions
ISDA confirmations
A confirmation sets out the commercial terms of a particular transaction as agreed between the contracting entities. It is an integral part of any OTC derivative transaction.
This guidance note explains:
- • how confirmations fit into the ISDA documentation framework;
- • the purpose of confirmations and what they contain;
- • the confirmation documentation; and
- • the legal effect of confirmations.
See ISDA confirmations.
