Asset Class

Definition

Asset Class is any Financial Instrument classifier for a group of securities that exhibit similar characteristics, behave similarly in the marketplace and/or are subject to the same laws and regulations.

Asset class means the broad category of goods, services or commodities, including any 'excluded commodity' as defined in CEA section 1a(19), with common characteristics underlying a swap.

The asset classes include

• credit
• equity
• foreign exchange (excluding cross-currency)
• interest rate (including cross-currency)
• other commodity

See Also

• http://www.investopedia.com/terms/a/assetclasses.asp
• https://www.law.cornell.edu/cfr/text/17/45.1

Issues and Challenges

• There is no universal definition of asset classes. It is a fluid concept linked to evolving market practices and needs.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.