Opening leg: Difference between revisions

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imported>Doug Williamson
(Create page. Source: UK Money Markets Code April 2017: http://www.bankofengland.co.uk/markets/Documents/money/code/ukmoneymarketscode.pdf)
imported>Doug Williamson
(Classify page.)
 
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''Repurchase agreements''
''Repurchase agreements''.


A securities repurchase agreement ('repo') involves a pair of trades with the same counterparty in the same security.
A securities repurchase agreement ('repo') involves a pair of trades with the same counterparty in the same security.
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[http://www.treasurers.org/repos  ACT briefing note: Practical steps to investing in Repos ]
==Other resource==
 
*[http://www.treasurers.org/repos  ACT briefing note: Practical steps to investing in Repos ]
 
[[Category:Financial_products_and_markets]]

Latest revision as of 21:04, 1 July 2022

Repurchase agreements.

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 opening leg is the first trade in the repo.

It is also known as the starting, first, near, or onside leg.


See also


Other resource