ISDA appointed two senior executives from a central counterparty (CCP) and a futures commission merchant (FCM) to its Board of Directors this week.   The appointments follow a decision by ISDA earlier this year to increase the size of its board to further broaden its scope and perspective. ISDA has also established a new CCP committee to complement ISDA’s existing work in cleared derivatives. The new committee will provide a forum for ISDA’s CCP members to discuss the regulatory, legal, policy, risk and infrastructure issues facing CCPs and cleared derivatives.