Summary of Fossil Evidence. Fossils are evidence of organisms that have existed. The fossils may consist of clues about the organism, such as its tracks or feces, or they may be a part of the organism, such as a bone or other body part.
A: A non-centrally cleared derivative is a bilateral derivative transaction that is not cleared by a central counterparty. This does not include any exchange traded derivatives, securities financing transactions, or derivatives that are cleared indirectly through a clearing member on behalf of a non-member client.
These are important issues -- not only for the derivatives markets â but also more broadly. for financial markets and the global economy. It is within this context that ISDA has. developed this paper. It is intended to explain what non-cleared OTC derivatives are, who uses them and why. It outlines the evolution of clearing in the OTC derivatives. markets, the types and benefits of non-cleared OTC derivatives and the impact of the. regulatory proposals in this area.