Derivatives

Callable Geared Ratchet Inverse Floater

October 27, 2021
Derivatives

Callable Reverse Floater

October 27, 2021

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A crossing network (CN) that combines firm and negotiated orders in the pool. In other words, it has the features of automated networks and negotiated networks: orders can be firm orders (if two parties have  opposing orders, these orders are matched and reported to the tape) and negotiated orders (orders are not firm. If two parties have opposing orders they would have the option to confirm the trade, or to negotiate a price).

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