(Difference between pages)
imported>Doug Williamson |
imported>Doug Williamson |
| Line 1: |
Line 1: |
| A derivative instrument or contract is one whose value and other characteristics are derived from those of another asset or instrument (sometimes known as the Underlying Asset). | | A centralised facility for payments within a group. |
|
| |
|
| Derivative instruments are widely used by non-financial corporates for hedging purposes.
| | The payments factory undertakes execution, administration and reporting for payments. |
|
| |
|
|
| |
| <span style="color:#4B0082">'''Example'''</span>
| |
|
| |
| A share option is a type of derivative contract, allowing the holder to buy shares at a certain predetermined strike price.
| |
|
| |
| The value of the share option derives from the current price of the related underlying share relative to the option strike price.
| |
|
| |
|
|
| |
|
| == See also == | | == See also == |
| * [[CertFMM]] | | * [[Payment]] |
| * [[Commodity risk]] | | * [[Group]] |
| * [[CP]] | | * [[ICM]] |
| * [[Credit support annex]] | | * [[MCT]] |
| * [[Embedded derivative]]
| |
| * [[ETD]]
| |
| * [[FC]]
| |
| * [[Fixing instrument]]
| |
| * [[Hedge fund]]
| |
| * [[Hedging]]
| |
| * [[IR]]
| |
| * [[ISDA Master Agreement]]
| |
| * [[Maturity]]
| |
| * [[Notional principal]]
| |
| * [[Option]]
| |
| * [[Outright]]
| |
| * [[Strike price]]
| |
| * [[Tracker fund]]
| |
| * [[Transfer]]
| |
| * [[Underlying]]
| |
| * [[Underlying asset]]
| |
| * [[Underlying price]]
| |
| * [[XVA]]
| |
| | |
| | |
| ===Other links===
| |
| *[http://www.treasurers.org/node/8599 Masterclass: Derivatives, The Treasurer, December 2012]
| |
| | |
| *[http://www.treasurers.org/node/7849 Use and Misuse of Derivatives, Will Spinney, ACT 2012]
| |
| | |
| [[Category:Risk_frameworks]]
| |
Revision as of 16:23, 22 November 2014
A centralised facility for payments within a group.
The payments factory undertakes execution, administration and reporting for payments.
See also
