Multibranch ISDA

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An ISDA Master Agreement in which at least one of the parties as designated itself as a Multibranch Party under Section 10 — that is, that it can transact out of more than one jurisdiction. Most broker/dealers will do this for tax and other reasons and you can read all about it, and our wry commentary as to why, in our glorious ISDA Anatomy in the Offices; Multi-Branch Parties clause.

See also

• Offices; Multi-Branch Parties - ISDA Provision