--%>

Swap broker and swap dealer

State the difference between the swap broker and the swap dealer.

E

Expert

Verified

Swap broker places the swap between two counterparties for a fee without taking a risk position within the swap.  Swap dealer is the market maker of swaps and assumes the risk position in matching opposite sides of swap and in assuring that every counterparty fulfills its contractual obligation to the other.

   Related Questions in Financial Accounting

  • Q : Prepare the journal entry to record the

    On December 31, 20x1, the Kat Co. purchase a group of four assets for a total cost of $1,000,000. An independent appraiser assesses the fair value of each asset asfollows: Asset Fair Value Land $350,000 Building 600,000 Equipment 200,000 Fixtures 150,000 Prepare the journal entry t

  • Q : Currency options and forward contract

    State some of the advantages of currency options contract as a hedging tool as compared with the forward contract?

  • Q : Progressives The progressives were

    The progressives were fascinated in “making people better.” What types of things were they fascinated in changing and who were they aiming their changes at?

  • Q : Maintaining multiple manufacturing

    Write down disadvantages and advantages of maintaining the multiple manufacturing sites as the hedge against exchange rate exposure.

  • Q : Define Expenditures Define Expenditures

    Define Expenditures with suitable example?

  • Q : Operation of currency forward and

    Describe basic differences between operation of a currency forward market and a futures market.

  • Q : Elder Abuse Explain the term Elder

    Explain the term Elder Abuse in brief ?

  • Q : Business term as part of our Accounting

    "Business term is the part of our Accounting". Illustrate this statement.

  • Q : Super Profit Method in Goodwill Super

    Super Profit Method: (Goodwill method): When a firm earns huge profit in comparison to normal profit (usually earned by other firms of similar industry) then the difference is termed as Super Profit. Goodwill is computed on the basis

  • Q : Legal Reasoning and Writing This

      This exercise does not require you to do any research, and does not require you to cite to any references or external materials.  Do not include any constitutional arguments. Like many legal and policy questions