Near leg: Difference between revisions

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imported>Doug Williamson
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imported>Doug Williamson
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1. ''FX swaps''.
In an FX swap contract, the initial exchange of currencies.
In an FX swap contract, the initial exchange of currencies.


(To be re-exchanged later in the 'far leg').
The currencies are re-exchanged later in the 'far leg'.
 
 
2. ''Repurchase agreements''.
 
In a securities repurchase agreement ('repo'), the initial exchange of securities, to be re-exchanged later in the 'closing leg' or 'far leg'.




== See also ==
== See also ==
* [[Closing leg]]
* [[Far leg]]
* [[Far leg]]
* [[FX swap]]
* [[FX swap]]
* [[Opening leg]]
* [[Repurchase agreement]]
* [[Swap points]]
* [[Swap points]]
[[Category:Financial_products_and_markets]]

Latest revision as of 20:22, 1 July 2022

1. FX swaps.

In an FX swap contract, the initial exchange of currencies.

The currencies are re-exchanged later in the 'far leg'.


2. Repurchase agreements.

In a securities repurchase agreement ('repo'), the initial exchange of securities, to be re-exchanged later in the 'closing leg' or 'far leg'.


See also