On August 29, the Futures Industry Association (FIA) and ISDA announced publication of the FIAISDA Cleared Derivatives Addendum, a template that can be used by U.S. futures commission merchants (FCMs) and their customers to document their relationship with respect to cleared OTC swaps. The Addendum supplements a futures and options agreement between a U.S. FCM and its customer, includes party representations as to certain clearingrelated matters, closeout methodologies for cleared OTC swaps, triggers for liquidation, valuation provisions for terminated trades, and provisions governing tax issues. ISDA Release. FIA Release.