Off leg and Speculative motive: Difference between pages

Revision as of 14:30, 9 June 2016

A desire to hold money to allow an individual or firm to take advantage of potential investments which offer a higher rate of return.

@@ Line 1: / Line 1: @@
-''Repurchase agreements''
+A desire to hold money to allow an individual or firm to take advantage of potential investments which offer a higher rate of return.
-A securities repurchase agreement ('repo') involves a pair of trades with the same counterparty in the same security.
-The second trade reverses the initial sale and purchase, but at a later date and different price.
-The off leg is the second trade in the repo.
-It is also known as the closing, far, second, or reverse leg.
 == See also ==
-* [[Far leg]]
+* [[Liquidity preference]]
-* [[Opening leg]]
-* [[Repo rate]]
-* [[Repurchase agreement]]
-[http://www.treasurers.org/repos  ACT briefing note: Practical steps to investing in Repos ]