The 2008 financial crisis revealed that a portion of the recordkeeping infrastructure of the multi-trillion
dollar swaps market was recorded on handwritten tickets faxed nightly to the back offices of market counterparties.
Not exact matches
«If there were greater worries about the economy or other downside risks, then we should have seen the
dollar rise, credit and
swap spreads widen, and emerging
markets underperform.
After plunging to a record low of 15.95 to the U.S.
dollar on September 25, the Argentine peso clawed its way back to 8.5525 on Monday as a crackdown on trading, a bond sale and a currency
swap with China curbed transactions in both the legal and underground currency
markets.
International banks active in the Australian
market are generally already actively clearing Australian
dollar - denominated interest rate
swaps via offshore entities that participate in LCH.Clearnet's London - based SwapClear service or CME Clearing in the United States.
Each such large - scale price raid produces hundreds of millions of
dollars in profits for the criminal orchestrators, not just from the futures
market, but from the companion options,
swaps and equities
markets, all of which act in unison, and in a price - predictable up or down manner.
Foreign borrowers issuing in Australia and seeking to
swap back to their home currency usually receive favourable prices in the currency
swap market because of greater demand by Australian borrowers to do the reverse — i.e. borrow in foreign currency and
swap into Australian
dollars.
As usual, most offshore issuance was denominated in foreign currencies, with companies typically using
swap markets to hedge the proceeds back to Australian
dollars.
This fall in spreads was largely a result of the increase in Australian
dollar issuance by non-Australian borrowers into the Japanese retail
market (the uridashi
market) which boosted demand to receive an Australian
dollar interest rate under cross-currency
swap agreements.
Continuing its entry into Bitcoin regulation, one week after the Coinflip action, on September 24, 2015, the CFTC again brought and settled charges related to Bitcoin, this time against TeraExchange LLC (Tera), a provisionally registered SEF, for failing to enforce its prohibition on wash trading and prearranged trading.15 At issue was a U.S.
dollar — Bitcoin
swap transaction from October 2014 between the only two
market participants then authorized to trade on Tera.
As is usual, most offshore issuance by Australian borrowers was denominated in foreign currencies, with companies typically using
swap markets to convert the proceeds back to Australian
dollars.
Most offshore issuance by Australian borrowers in the September quarter was denominated in foreign currencies (with companies typically using
swap markets to hedge the proceeds back to Australian
dollars).
Investments: Greek bonds, Italian bonds, credit default
swaps, European banks, the
dollar / euro spread, US banks, US stock
market — listed in order of declining risk and reward.
Canadian credit spreads going forward will be more open to influences from foreign
markets and will increasingly move with
swap spreads and the Canadian
dollar.
Students respond by assuming a consumer stance to their own education,
swapping tuition
dollars not for the chance to interact with other minds but to acquire a postgraduate
market advantage.