Calculation Agent: Difference between revisions

The ISDA Schedule has space to specify who the {{isdaprov|Calculation Agent}} should be but, curiously, gives scant hints as to what such an agent should do: the term isn’t otherwised defined — or even used — in either version of the {{isdama}}. The role comes in to its own under the {{csa}} and the various definitions booklets ISDA has published. The Calculation agent can differ from transaction to transaction, and while guileless negotiation teams may therefore spend a great deal of energy haggling fruitlessly about who should be the {{isdaprov|Calculation Agent}}, and what rights the other poor sap should have to challenge its determinations, in practice it will be the [[dealer]].

===[[Co-calculation agent]]===

{{cocalculationagent}}