Near leg: Difference between revisions
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imported>Doug Williamson (Link with Closing leg and Opening leg pages.) |
imported>Doug Williamson (Classify page.) |
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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. | ||
( | 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'. | |||
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* [[FX swap]] | * [[FX swap]] | ||
* [[Opening leg]] | * [[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'.
