翻訳と辞書
Words near each other
・ Partial molar property
・ Partial monosomy 13q
・ Partial Nuclear Test Ban Treaty
・ Partial order reduction
・ Partial oxidation
・ Partial Password
・ Partial payment
・ Partial permutation
・ Partial Portraits
・ Partial pressure
・ Partial productivity
・ Partial redundancy elimination
・ Partial regression plot
・ Partial residual plot
・ Partial response maximum likelihood
Partial return reverse swap
・ Partial seizure
・ Partial sorting
・ Partial specific volume
・ Partial stroke testing
・ Partial template specialization
・ Partial Terms of Endearment
・ Partial thromboplastin time
・ Partial trace
・ Partial unilateral lentiginosis
・ Partial veil
・ Partial verdict
・ Partial volume
・ Partial volume (imaging)
・ Partial wave analysis


Dictionary Lists
翻訳と辞書 辞書検索 [ 開発暫定版 ]
スポンサード リンク

Partial return reverse swap : ウィキペディア英語版
Partial return reverse swap

In finance, partial return reverse swap (PRRS) is a type of derivative swap, a financial contract that transfers a percentage of both the credit risk and market risk of an underlying asset, usually half, while also transferring all of the ownership liabilities for estate planning, tax purposes, and insider trading rules.
== Contract definition ==

A swap agreement in which one party makes payments based on a set rate, either fixed or variable, while the other party makes payments based on the return of an underlying asset, which includes both the income it generates and any capital gains. In partial return reverse swaps, the underlying asset, referred to as the reference asset, is usually a stock or portfolio of stocks. The reference asset is sold to the buyer, with half (or some other percentage) of the return owned by the party receiving the agreed rate of payment, which is usually in the form of a note payable.
Partial return reverse swaps allow the selling party to gain liquidity often through the use of algorithmic trading platforms that use technologies such as Stealth Technology and volume-seeking algorithms to more efficiently manage large blocks of stock while avoiding the risks of inside information. Sellers gain liquidity and buffering against any complications with inside information. Buyers effectively are able to purchase stock at a discount to market, for a private-to-public equities arbitrage opportunity. These swaps are considered to be exotic, but are growing in popularity. Investors like swaps like this because they get the benefit of a large exposure with a minimal or no cash outlay.〔(), Investopedia.〕

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
ウィキペディアで「Partial return reverse swap」の詳細全文を読む



スポンサード リンク
翻訳と辞書 : 翻訳のためのインターネットリソース

Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.