Template:Synthetic equity swap - FWMD: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
{{fwmdtt|nickname=Synthetic equity swap| imagetype=jpg| tagline= All the pleasure of ownership; none of the responsiblity!| documentation= {{isdama}}, {{eqdefs}} and a master confirmation. Call the [[legal eagles]]!| docscore=8| amendability= Bilateral, so doable, but delta-one, so not much to amend.|amendscore=3| collateral= [[Regulatory margin|Reg VM]] and | {{fwmdtt|nickname=Synthetic equity swap| imagetype=jpg | ||
|tagline= All the pleasure of ownership; none of the responsiblity!| documentation= {{isdama}}, {{eqdefs}} and a master confirmation. Call the [[legal eagles]]! | |||
| docscore=8 | |||
| amendability= Bilateral, so doable, but delta-one, so not much to amend.|amendscore=3 | |||
| collateral= [[Regulatory margin|Reg VM]] and [[IM]] margined daily. If you are on dynamic margining, not much to see here. If you aren’t, ''armageddon''. | |||
| collateralscore = 4| transferability= Daily liquidity, so no real need.| transferscore =3| leverage= A form of synthetic margin lending so yes. But your PB will — ''should'' —be all over you, so no.| leveragescore =5| frightometer= Until 27 March 2021, about 3. But since then, beset with evil spirits, succubi and incubi, and [[Archegos|The Family Office Who Must Not Be Named]]| frightscore=10}} | |||
Revision as of 09:31, 16 August 2021
| [[File:{{{image}}}|frameless|2000px|center]] |
| Docs | ISDA Master Agreement, 2002 ISDA Equity Derivatives Definitions and a master confirmation. Call the legal eagles! | 8 |
| Amendability | Bilateral, so doable, but delta-one, so not much to amend. | 3 |
| Collateral | Reg VM and IM margined daily. If you are on dynamic margining, not much to see here. If you aren’t, armageddon. | 4 |
| Transferability | Daily liquidity, so no real need. | 3 |
| Leverage | A form of synthetic margin lending so yes. But your PB will — should —be all over you, so no. | 5 |
| Fright-o-meter | Until 27 March 2021, about 3. But since then, beset with evil spirits, succubi and incubi, and The Family Office Who Must Not Be Named | 10 |