82,853
edits
Prime brokerage transactions: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) m (Amwelladmin moved page Prime brokerage physical long to Prime brokerage transactions) |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
{{a|PB|[[File:PB margin loans.png|450px|thumb|center|The classic margin loan, yesterday]]}} | {{a|PB|[[File:PB margin loans.png|450px|thumb|center|The classic margin loan, yesterday]] | ||
The classic prime brokerage | [[File:PB stock loans.png|450px|thumb|center|The classic [[stock loan]], yesterday]] | ||
[[File:PB long swap.png|450px|thumb|center|The classic long swap, yesterday]] | |||
[[File:PB short swap.png|450px|thumb|center|The classic short swap, yesterday]] | |||
}}The classic prime brokerage transactions, illustrated in the panel: | |||
*'''Physical long''': A physical long position financed with a [[margin loan]]. | |||
*'''Physical short''': A physical short position created by selling a stock borrowed under a [[stock loan]]. | |||
*'''Synthetic long''': A “[[synthetic]]” economic equivalent of a physical long position created by entering an equity derivative as a {{eqderivprov|Floating Amount Payer}}. | |||
*'''Synthetic short''': A “[[synthetic]]” economic equivalent of a physical short position created by entering an equity derivative as a {{eqderivprov|Equity Amount Payer}}. | |||
{{sa}} | {{sa}} | ||
*[[Prime brokerage]] | *[[Prime brokerage]] | ||