ISDA国际掉期及衍生工具协会是一个大型全球贸易组织，其成员是进行衍生产品私下交易和场外交易的公司。

International Swaps and derivatives Association is a large global trade organisation of companies who trade in private and over-the-counter derivatives.

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这些衍生品合约，无论是哪种类型的场外交易，都具有法律约束力，并且受到普遍采用的国际掉期及衍生工具协会（International Swaps and Derivatives Association）主协议的约束。

These derivatives contracts, no matter how over-the-counter they are, are legally binding and guided by the universally-applied International Swaps and Derivatives Association Master Agreements.

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这些衍生品合约，无论是哪种类型的场外交易，都具有法律约束力，并且受到普遍采用的国际掉期及衍生工具协会（International Swaps and Derivatives Association）主协议的约束。

These derivatives contracts, no matter how over-the-counter they are, are legally binding and guided by the universally-applied International Swaps and Derivatives Association Master Agreements.

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