Worshipful Company of Swap Dealers

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The London branch of the International Swaps and Derivatives Association founded by the First Men (after an argument with the Children of the Forest) in a basement knocking shop on Shortsale Lane, London EC3 in 1473.

On midsummer’s day each year, members exercise their ancient freedoms to herd cheapest-to-deliver credibility derivatives free of payment across London Bridge.

The best bit? There actually is a Worshipful Company of Management Consultants

See also

• ISDA
• ISDA Anatomy
• Horcrux