Swaps And Otc Derivatives
Cross-Currency Swaps and Basis Risk
Every year, corporations and banks route more than $7 trillion in notional through cross-currency swaps, exchanging principal and interest in one currency for p…
advanced 2026-01-29
Swaps And Otc Derivatives
20 articles in this subtopic.
Swaps And Otc Derivatives
Compression and Portfolio Tear-Ups
Learn how compression and tear-up services reduce OTC derivatives notional outstanding, operational risk, and capital requirements.
intermediate 2026-01-19
Swaps And Otc Derivatives
ISDA Master Agreement Overview
Every OTC derivatives trade you execute rests on a single legal chassis: the ISDA Master Agreement. This document governs $846 trillion in notional outstanding …
intermediate 2026-01-15
Swaps And Otc Derivatives
Credit Support Annex and Collateral Terms
The Credit Support Annex is the document that determines whether you actually get paid when an OTC derivatives counterparty owes you money. It bolts onto the IS…
intermediate 2026-01-12
Swaps And Otc Derivatives
Commodity Swaps for Producers and Consumers
Learn how commodity swaps allow producers and consumers to lock in prices, including swap structures, index selection, and basis risk management.
advanced 2025-12-18
Swaps And Otc Derivatives
Glossary: Swap Market Terms
A comprehensive reference glossary of swap market terms, including ISDA terminology, margin concepts, and OTC derivatives vocabulary.
beginner 2025-12-07
Swaps And Otc Derivatives
Swap Execution Facilities (SEFs)
Learn how Swap Execution Facilities operate, including trading protocols, regulatory requirements, and execution considerations for OTC derivatives.
advanced 2025-11-29
Swaps And Otc Derivatives
Equity Swap Use Cases for Hedge Funds
Equity swaps sit at the center of modern hedge fund operations for one reason: they let you control $800 million in stock exposure while posting $120 million in…
advanced 2025-11-06
Swaps And Otc Derivatives
Total Return Swaps for Equity Exposure
Learn how total return swaps provide synthetic equity exposure, including payment mechanics, financing costs, and operational considerations.
advanced 2025-11-04
Swaps And Otc Derivatives
Cleared vs. Bilateral Swap Structures
Every swap trade carries two risks: the market risk you intended to take and the counterparty risk you probably didn't think about until 2008. Central clearing …
advanced 2025-10-24
Swaps And Otc Derivatives
Hedging Fixed Income Portfolios with Swaps
Learn how to hedge fixed income portfolio interest rate risk using swaps, including duration matching, key rate hedging, and hedge ratio calculations.
advanced 2025-10-23
Swaps And Otc Derivatives
Valuation Adjustments: CVA, DVA, FVA
Every derivative trade you price has a hidden layer of costs that never shows up in the Black-Scholes output: the risk that your counterparty defaults before se…
advanced 2025-10-18
Swaps And Otc Derivatives
Setting Up Hedge Documentation
Learn how to establish proper hedge documentation for OTC derivatives, including ISDA agreements, hedge accounting designation, and operational controls.
intermediate 2025-10-17
Swaps And Otc Derivatives
Accounting Treatment for Hedging Swaps
Learn how hedge accounting applies to swaps under IFRS and US GAAP, including designation requirements, effectiveness testing, and documentation standards.
advanced 2025-10-14
Swaps And Otc Derivatives
Terminating or Novating Swap Positions
Every swap position you enter will eventually need to exit—and how you exit determines whether you leave money on the table. Terminating a swap (unwinding it fo…
advanced 2025-10-11
Swaps And Otc Derivatives
Credit Default Swaps Contracts
Credit default swaps transfer credit risk through periodic premium payments and contingent default payouts. Covers CDS mechanics, real credit events (Atos 2024,…
advanced 2025-09-18
Swaps And Otc Derivatives
Plain-Vanilla Interest Rate Swaps Mechanics
Interest rate swaps are the plumbing of modern finance -- $469 trillion in notional outstanding as of mid-2024, dwarfing every other OTC derivative by a wide ma…
advanced 2025-09-06
Swaps And Otc Derivatives
Counterparty Risk Monitoring
Learn how to monitor counterparty credit risk in OTC derivatives, including exposure metrics, early warning indicators, and escalation procedures.
intermediate 2025-09-03
Swaps And Otc Derivatives
Initial Margin vs. Variation Margin in OTC Trades
Two types of collateral keep OTC derivatives markets from blowing up — and most people confuse them. Variation margin settles what you owe right now. Initial ma…
intermediate 2025-09-02
Swaps And Otc Derivatives
Dodd-Frank and EMIR Reporting Requirements
In 2024, Barclays paid $4 million for misreporting more than five million swap transactions. Bank of New York Mellon paid $5 million for a similar volume of err…
intermediate 2025-09-01