What are synonyms for swap?
Synonyms of swap
- change,
- commute,
- exchange,
- shift,
- substitute,
- switch,
- trade.
What is the purpose of a swap execution facility?
A Swap Execution Facility (SEF) is an electronic platform provided by a corporate entity that allows participants to buy and sell swaps in a regulated and transparent manner. They are required by law as part of the sweeping Wall Street reforms stemming from the 2010 Dodd-Frank Act.
What is swap fixing?
The parties involved in a fixed-for-fixed swap—who are also called counterparties—enter into an agreement, paying each other interest at a fixed rate. So one party agrees to exchange fixed interest payments in one currency for interest at a fixed rate in another.
What is swap in simple words?
: Swap refers to an exchange of one financial instrument for another between the parties concerned. This exchange takes place at a predetermined time, as specified in the contract. Description: Swaps are not exchange oriented and are traded over the counter, usually the dealing are oriented through banks.
What does Swap stand for?
SWAP
| Acronym | Definition |
|---|---|
| SWAP | Size, Weight And Power |
| SWAP | Secure Wireless Access Point |
| SWAP | Shared Wireless Access Protocol |
| SWAP | Simple Workflow Access Protocol |
What is SEF and DCM?
DCMs offer CFTC-regulated exchange-traded derivatives products, such as futures and options. Unlike swap execution facilities (SEFs), which permit open access to market participants, DCMs can only be accessed by entering into an agreement with a futures commission merchant (FCM) that is a member of that DCM.
Is a SEF and MTF?
360T operates both a Multilateral Trading Facility (MTF) and a Swap Execution Facility (SEF) for OTC FX trading.
Which swaps are regulated by CFTC?
The Commissions confirmed that foreign currency options (other than those traded on a national securities exchange), non-deliverable forward contracts involving foreign exchange, currency swaps, cross-currency swaps and forward rate agreements are swaps and subject to the CFTC jurisdiction.
What are the different types of swaps?
Types of swaps
- Interest rate swaps.
- Basis swaps.
- Currency swaps.
- Inflation swaps.
- Commodity swaps.
- Credit default swap.
- Subordinated risk swaps.
- Equity swap.