Brussels, 19/02/2009 (Agence Europe) - The International Swaps and Derivatives Association (ISDA), which represents the interests of the main players on the derivatives market, and the European Banking Federation (EBF) have given the European Commission written undertakings on setting up a central counterparty clearing house for the trading of credit default swaps (CDS) which are systemically relevant. “This commitment provides the basis for constructive dialogue with the European...