Affirmation
This Issue in United States
Affirmation
Concept of Affirmation in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): The process by which two counterparties verify that they agree the primary economics of a trade. The affirmation process may be done by telephone, voice recording, email or on an electronic checkout platform.
Resources
See Also
- Derivatives Contract
Leave a Reply