--%>

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 : Leadership qualities required for

    Question Can one person in an organization make a difference? Write an essay on the leadership qualities required for running modern organizations <

  • Q : Cost of accidents to an employer

    Discuss the cost of accidents to an employer in from a perspective of why prevention is better than cure ?

  • Q : Parallel and back-to-back loan

    Distinguish between the parallel loan and the back-to-back loan.

  • Q : Implications of fixed and flexible

    Explain “balance of payments” identity and discuss some of its implications under the fixed and flexible exchange rate regimes.

  • Q : Separately-priced-items strategy

    Problem 1.  The manager of Joe's Menswear has noticed that over the past two holiday seasons their usual sales strategy of marking down prices has not been yielding the boost in revenues that it once did.  JM sell men's suits, dress shirts,

  • Q : Explain Discount Briefly explain the

    Briefly explain the term Discount and also describe their important types?

  • Q : Factors for surge in the international

    List some factors which are responsible for recent surge in the international portfolio investment (IPI)?

  • Q : Prepare the journal entry to record the

    The Webster Company uses the aging method to estimate the allowance for doubtful accounts. The following schedule of accounts receivable was prepared as at December 31, 20x6: Age Balance % uncollectible 0-30 days $674,000 0.5% 31-60 days 186,000 1.2% <

  • Q : Factors considering before investing

    Being an investor, what are all factors you would consider before investing within the emerging stock market of developing country?

  • Q : Conversion and competitive effects of

    Discuss the conversion and competitive effects of exchange rate changes on the firm’s operating cash flow.