Template:Synthetic equity swap - FWMD: Difference between revisions

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{{fwmdtt|nickname=Synthetic equity swap| imagetype=png
{{fwmdtt|nickname=Synthetic equity swap| imagetype=png
|tagline= All the pleasure of ownership; none of the responsiblity!| documentation= {{isdama}}, {{eqdefs}} and a master confirmation. Call the [[legal eagles]]!
|tagline= All the pleasure of ownership; none of the responsiblity!| documentation= {{isdama}}, {{eqdefs}} and a master confirmation and, if you are lucky, a 75-page [[Margin lock-up|lockup]]. Call the [[legal eagles]]!
| docscore=8
| docscore=8
| amendability= Bilateral, so doable, but delta-one, so not much to amend.|amendscore=3
| 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''.  
| collateral= [[Regulatory margin|Reg VM]] and [[IM]] margined daily. If you are on [[Dynamic margin|dynamic margining]] and paying attention, 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}}
| collateralscore = 7| transferability= Daily liquidity, so no real need.| transferscore =3| leverage= 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}}