Far leg and Integration: Difference between pages

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imported>Doug Williamson
m (Spacing)
 
imported>Doug Williamson
(Add business combinations & financial maths definitions.)
 
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In an FX swap contract, the later re-exchange of the two currencies in the contract.
1. ''Business combinations''
 
A reduction in the total number of participants in market, following a merger or acquisition.
 
This type of integration may be 'vertical' or 'horizontal'.
 
 
2. ''Financial maths''
 
In maths and financial maths, integration is the reverse process of [[differentiation]].
 
 
3. ''Money laundering''
 
The conversion of laundered money into assets which have the appearance of having been legitimately acquired.
 
This is a common third stage of money laundering, following 'placement' and 'layering'.


(Following the initial exchange of the same currencies and related amounts in the opposite direction, in the 'near leg').


== See also ==
== See also ==
* [[FX swap]]
* [[Acquisition]]
* [[Near leg]]
* [[Derivative]]
* [[Swap points]]
* [[Differentiation]]
* [[Horizontal integration]]
* [[Layering]]
* [[Merger]]
* [[Placement]]
* [[Vertical integration]]

Revision as of 07:49, 22 August 2017

1. Business combinations

A reduction in the total number of participants in market, following a merger or acquisition.

This type of integration may be 'vertical' or 'horizontal'.


2. Financial maths

In maths and financial maths, integration is the reverse process of differentiation.


3. Money laundering

The conversion of laundered money into assets which have the appearance of having been legitimately acquired.

This is a common third stage of money laundering, following 'placement' and 'layering'.


See also