Swaps And Otc Derivatives
Cross-Currency Swaps and Basis Risk
The cross-currency basis is a live gauge of dollar scarcity, and its swings create mark-to-market losses hedgers cannot offset, hitting -100 bps in 2008.
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.
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.
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 let hedge funds control large exposures on 10-20% margin and run synthetic shorts, with the concentration risks Archegos made vivid.
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.
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
CVA, DVA, and FVA can add 40-60 basis points to an uncollateralized swap, and daily variation margin cuts total XVA charges by roughly 80-85%.
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.
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.
advanced 2025-09-18
Swaps And Otc Derivatives
Plain-Vanilla Interest Rate Swaps Mechanics
How fixed-for-floating SOFR swaps work in practice: netting mechanics, day-count quirks, DV01 exposure, and why negative swap spreads signal the cheaper hedge.
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.
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.
intermediate 2025-09-01