Difference between revisions of "OTC Derivative Transaction"

From Open Risk Manual
(Initial Entry)
 
 
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== Definition ==
 
== Definition ==
'''OTC Derivative Transaction'''. A derivative transaction that is struck over the counter between two parties
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'''OTC Derivative Transaction'''. A derivative transaction that is struck ''over the counter'' between two parties (i.e. bilaterally, without the intermediation of a [[Derivatives Exchange]]
  
This is both a derivative transaction and a covered transaction, that is, the OTC transaction is covered under some previously agreed Master Agreement between the two parties.
 
 
== Issues and Challenges ==
 
Eliminated a parent of CoveredTransaction for the sake of expediency
 
  
 
== Disclaimer ==
 
== Disclaimer ==

Latest revision as of 12:40, 31 March 2021

Definition

OTC Derivative Transaction. A derivative transaction that is struck over the counter between two parties (i.e. bilaterally, without the intermediation of a Derivatives Exchange


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.