Nov 20, 2008 · Euroclear and the International Capital Market Association (ICMA) signed an agreement whereby Euroclear will acquire 100% of Xtrakter, the ICMA subsidiary, for an undisclosed cash amount. Xtrakter owns TRAX, a trade matching and regulatory reporting system that also provides market and reference data. ISMA (International Securities Market Association) became ICMA (International Capital Market Association) couple of years ago. We have two day count fractions: ACT/ACT.ISMA and ACT/ACT.ICMA . When should one or the other be used? Should ACT/ACT.ISMA be considered deprecated?
It was formed in July 2005 by the merger of the International Primary Market Association and the International Securities Market Association (formerly the International Association of Bond Dealers) . ICMA stated aims are to promote high standards of market practice, appropriate regulation, trade support, education and communication . Home / ICMA (International Capital Markets Association) Private Group active 7 months, 1 week ago Write Group Description for ICMA (International Capital Markets Association).