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International Swaps and Derivatives Association is the documentation overview presented by Vinod Kiran curry there would be a series of videos made as different sessions covering various documentation concepts of is des this is the first session here I am going to discuss on why do we need his des the videos learning objective would be to know what is the advantage in in entering into is the agreement and why we needed his the Master Agreement is a marker standard document outlining the terms often over-the-counter derivatives transaction between two parties who intend to trade over-the-counter products or derivatives over-the-counter products or derivatives are not regulated by exchange rather they are privately traded products if you would like to understand more about the over-the-counter products or derivative products you can visit my other youtube channel demystifying derivatives in the scenarios of course cross-border trade which in other words is an OTC derivative transaction b