The initial (IM) and variation margin (VM) requirements for all swaps that are not cleared by a registered derivatives clearing...
A bilaterally executed swap that is not cleared and settled through a clearing organization. An uncleared swap is not, directly...
A swap that is, directly or indirectly, submitted by its counterparties to, and cleared by, a derivatives clearing organization registered...
A derivative that requires the out-of-the-money counterparty (the counterparty holding the out-of-the-money position) to periodically transfer an amount of variation...
An industry standard/ format that is designed to enhance over-the-counter derivatives (OTC derivatives) reporting and information exchange for asset managers,...
A brokerage firm that handles a customer's orders to buy and sell securities, and additionally maintains custody of the customer's...
A brokerage firm that handles a customer's orders to buy and sell securities, and additionally maintains custody of the customer's...
A form of direct market access (DMA) that is characterized by highest level of independence, i.e., access does not require...
It stands for central counterparty; a financial institution that assumes counterparty credit risk between parties to a transaction- that is,...
A financial institution that assumes counterparty credit risk between parties to a transaction- that is, it takes on the credit...
