Mindblown: a blog about philosophy.
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Swap
Definition of Swap in Futures Trading In this area, here is a meaning 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 example, interest rate swaps, […]
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Merchant Bank
Merchant Bank in the Context of Payments Definition of Merchant Bank in the context of payments: See Acquiring Financial Institution.
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Guaranteed Introducing Broker
Definition of Guaranteed Introducing Broker in Futures Trading In this area, here is a meaning of Guaranteed Introducing Broker: An introducing broker that has entered into a guarantee agreement with a futures commission merchant (FCM), whereby the FCM agrees to be jointly and severally liable […]
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Approval Response
Approval Response in the Context of Payments Definition of Approval Response in the context of payments: An affirmative reply following a transaction authorization request.
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Delivery, Current
Definition of Delivery, Current in Futures Trading In this area, here is a meaning of Delivery, Current: Deliveries being made during a present month. Sometimes current delivery is used as a synonym for nearby delivery.
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Emergency
Definition of Emergency in Futures Trading In this area, here is a meaning of Emergency: Any market occurrence or circumstance which requires immediate action and threatens or may threaten such things as the fair and orderly trading in, or the liquidation of, or delivery pursuant to, any […]
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Collateralization in OTC Markets
Resources See Also Securitization Collateralization of Public Funds Collateralization of Public Deposits
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Non Recourse Factoring
Treatment of Non Recourse Factoring in the United States Law The following is a short concept of Non Recourse Factoring published by Marco Terry: A form of factoring where the factoring company will absorb any credit losses that result from a customer defaulting on an invoice. The types of […]
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Butterfly Spread
Definition of Butterfly Spread in Futures Trading In this area, here is a meaning of Butterfly Spread: A three-legged option spread in which each leg has the same expiration date but different strike prices. For example, a butterfly spread in soybean call options might consist of one long call […]
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Made Available to Trade
Definition of Made Available to Trade in Futures Trading In this area, here is a meaning of Made Available to Trade: Swaps trades that are subject to the clearing mandate, and that have been "Made Available to Trade" by a DCM or SEF must be executed on a DCM or SEF.
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