OTC Derivative Transaction
From Open Risk Manual
Definition
OTC Derivative Transaction. A derivative transaction that is struck over the counter between two parties
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
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.
