Netting: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Spacing 21/8/13) |
imported>Annbrookconsultancy@gmail.com No edit summary |
||
Line 17: | Line 17: | ||
* [[Position netting]] | * [[Position netting]] | ||
* [[Substitution]] | * [[Substitution]] | ||
[[Category:Financial_products_and_markets]] |
Revision as of 11:52, 23 November 2014
An agreed offsetting of positions or obligations by trading partners or participants.
The netting reduces a large number of individual positions or obligations to a smaller number of obligations or positions.
Netting may take several forms which have varying degrees of legal enforceability in the event of default of one of the parties.