swap
In exchange markets, this is a simultaneous sale of a currency on the spot market together with a purchase of the same amount on the Forward Market. By combining these two transactions into a single one,transactions costs may be reduced. An arrangement between central banks whereby they each agree to lend their currency to the other.
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Put Swaption
absolute rate
Exposure
tomorrow next trade
convertible bond
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selling price variance
pure competition
hidden tax
capital reorganisation
undertaking