KIT Finance Europe became a member of the International Swaps and Derivatives Association (ISDA)

KIT Finance Europe joined the ISDA (International Swaps and Derivatives Association) as Associate Broker.

ISDA (International Swaps and Derivatives Association) was established in 1985 and over 800 financial institutions from all over the world have become its members since then. The Association is developing a general ISDA Master Agreement, which actually has become an industry standard that outlines the terms applied to transactions for OTC derivatives. The key areas of work of the association are reduction of counterparty risks, increase of transparency and development of infrastructure for OTC derivatives market, assurance of its stable and sustainable functioning.

Membership in the ISDA will allow the company to gain the access to best practices of conclusion and execution of transactions with OTC derivatives, improve the quality and reduce the risks of servicing corporate clients in the OTC derivatives market, raise awareness of all the regulatory changes. In addition, membership in the Association will strengthen the company's position in the counteragent sphere and let the company directly participate in the discussions of initiatives and changes in the derivatives regulation, along with the major market participants.