The nature of swap contracts is usually based on the best practices suggested by the ________,

Question

Quizplus · Accepted Answer

The International Swap and Derivatives Association (ISDA) is a trade organization that represents participants in the marketplace for over-the-counter derivatives, including swap contracts. ISDA publishes standardized documentation and guidelines for swap contracts, which are widely adopted by market participants as best practices. The other options listed are regulatory bodies or exchanges and do not have a direct role in shaping the nature of swap contracts.

The Nature of Swap Contracts Is Usually Based on the Best