Swap data repository (SDR) - Financial definition
Country
: United States of America
Concise definition of the term swap data repository
A swap data repository is an entity in the United States which collects and maintains records of swap trades. Their main purpose is to help regulators monitor the build-up of systemic risk.
Comprehensive definition of the term swap data repository
SRDs were created by the Dodd-Frank Act in 2010 in order to provide a central facility for swap data reporting and recordkeeping.