Finance

Tag: SW

  • Swap Dealer

    Concept of Swap Dealer in Futures TradingIn this context of financial law, the following is a definition of Swap Dealer: The Dodd-Frank Act and subsequent CFTC rules, in general, identify a “swap dealer” as any person who:1. holds itself out as a dealer in swaps, 2. makes a market in […]

  • Switch

    Concept of Switch in Futures TradingIn this context of financial law, the following is a definition of Switch: Offsetting a position in one delivery month of a commodity and simultaneous initiation of a similar position in another delivery month of the same commodity, a tactic referred to as […]

  • Swap

    Concept of Swap in Futures TradingIn this context of financial law, the following is a definition of Swap: The statutory definition of “swap” is detailed and comprehensive, though certain agreements, contracts, and transactions are excluded from the definition. It includes, for […]

  • Swap Execution Facility

    Concept of Swap Execution Facility (SEF) in Futures TradingIn this context of financial law, the following is a definition of Swap Execution Facility (SEF): A trading system or platform created by the Dodd-Frank Act in which multiple participants have the ability to execute or trade swaps by […]

  • Swapclear

    Swapclear (lch)Concept of Swapclear (lch) in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): Through Swapclear the London Clearing House acts as central counterparty in certain classes of OTC (over the counter) products, specifically interbank […]

  • Swapswire

    Concept of Swapswire in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): An electronic platform used for trade capture and confirmation. SwapsWire allows for trade date affirmation and reduces the need for paper confirmations.ResourcesSee […]

  • Swaption

    Concept of Swaption in Futures TradingIn this context of financial law, the following is a definition of Swaption: An option to enter into a swap – i.e., the right, but not the obligation, to enter into a specified type of swap at a specified future date.

  • Swaps Guarantee

    Concept of Swaps Guarantee in Futures TradingIn this context of financial law, the following is a definition of Swaps Guarantee: A guarantee of a swap is a collateral promise by a guarantor to answer for the debt or obligation of a counterparty obligor under a swap.

  • Swap Data Repository

    Concept of Swap Data Repository (SDR) in Futures TradingIn this context of financial law, the following is a definition of Swap Data Repository (SDR): Swap data repositories (SDRs) are registered entities created by the Dodd-Frank Act that collect and maintain information or records with […]