Inside Baseball: Lexicon Updates for OTC Derivatives
A few months ago I was speaking with journalist Katy Burne at the Wall Street Journal. I now forget what she asked me, but whatever it was, I had covered the topic in depth in one of my recent blogs. “Don’t you read my blogs?” I asked. Katy responded “To be honest, I try to, […]
Interest Rate Swaps, Spot vs Forwards, which is the greater?
In last weeks blog, SEF Package Exemptions, So Far So Good, I included a chart showing that 52.5% of USD IRS were On SEF and mentioned that there were lots of Forward Start Swaps that were Off SEF. Today I will take a look at these and provide a breakdown on the USD Swap types that […]