Talk:Swap (finance)

From Wikipedia, the free encyclopedia
Business and economics Portal
This article is within the scope of the Business and Economics WikiProject.
??? This article has not yet received a rating on the assessment scale.
??? This article has not yet received an importance rating on the assessment scale.
Swap (finance) is within the scope of WikiProject Investment, an effort to improve the quality of articles relating to investment and the personal investor. If you would like to participate, please edit this page and become a member.
[Project Page] • [Project Talk] • [Project template]

Current Collaborations: Exchange-traded fund

Contents

[edit] Move

I moved some things between this and interest rate swap.--Jerryseinfeld 21:45, 31 Dec 2004 (UTC)

[edit] Quantos?

I don't see anything on quanto swaps. As I understand it, pricing is a little dicey due to the dependence on correlation between the fx rate and the interest rates involved. Anyone feel qualified to tackle the issue? If no one speaks up, I'll take a stab at it. Ronnotel 15:45, 20 November 2006 (UTC)

[edit] Added the expert-subject template

The article omits any discussion of standard contract, exchange-traded swaps. This makes the article terribly out-of-date. So this is a shout-out to someone who can add that info. If there's no volunteers, I'll return and add the info. The broad statement -- the first sentence after introduction is flatly wrong: patsw 21:39, 21 June 2007 (UTC)

"Swaps are over-the-counter (OTC) derivatives. This means that they are negotiated outside exchanges and they cannot be bought and sold like securities or futures contracts."

Here's an example from the Chicago Mercantile Exchange http://www.cme.com/files/SwapsBrochure.pdf patsw 13:35, 22 June 2007 (UTC)

It would be interesting to get sense of the relative notional values of OTC vs. Exchange traded swaps. I recall that many years ago, OTC was by far the biggest area of swaps. Has that changed dramatically? Ronnotel 13:45, 22 June 2007 (UTC)

[edit] Ideas for improving

- As someone new to the notion of swaps ... I find this entry incredibly abstruse. Can someone please take this and make it more palatable to a non-business person? --Ahaeg 22:02, 6 July 2007 (UTC)

- The table showing the notional amounts of the swaps is actually showing the notional amounts of all interest rate contracts. I don't have the skills to change it but someone should. (e.g. Dec 2006 outstanding interest rate swaps was 230 trillion dollars, not 292. -iikka 14:19, 31 July 2006, (EET)