Isda’s fork provision gives crypto market plenty to chew over

Not everyone is happy with the discretion new digital definitions offer to calculation agents

When asked about the greatest challenges they expect to face, many organisations will echo the response attributed to a former British prime minister, Harold Macmillan: “Events, dear boy, events.”

When formulating the definitions for its master agreement, the International Swaps and Derivatives Association tries to plan for every kind of event. And there has been no shortage of events in the crypto sector over the past year.

On January 26, Isda published documents containing its standard

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: