The Swaps & Derivatives Market Association (SDMA) was founded on the following 10 Principles. Click on each to learn more.

		Successful Clearing of Derivatives is Critical to Lessening Systemic Risk Most OTC Derivatives are Eligible for Central Clearing Broad Access to Central Clearing Allow Partnerships from Execution-Only Firms to Provide Pricing to Clearinghouses Objective Membership Standards Market Price Transparency Deeper Liquidity Lowers Transaction Costs and Spreads Narrow Participant and Product Exemptions Clearing Houses Must Ensure Open and Symmetrical Workflows Truly Representative and Transparent Clearinghouse Governance