Tag: SW

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, […]

Definition of Swaps Guarantee in Futures Trading In this area, here is a meaning 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.

Definition of Swaption in Futures Trading In this area, here is a meaning 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.

Definition of Swap Execution Facility (SEF) in Futures Trading In this area, here is a meaning 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 accepting bids and offers […]

Definition of Switch in Futures Trading In this area, here is a meaning 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 'rolling forward'.

Definition of Swap Dealer in Futures Trading In this area, here is a meaning 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 swaps; 3. regularly enters […]