Near leg: Difference between revisions
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* [[Repurchase agreement]] | * [[Repurchase agreement]] | ||
* [[Swap points]] | * [[Swap points]] | ||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 20:22, 1 July 2022
1. FX swaps.
In an FX swap contract, the initial exchange of currencies.
The currencies are re-exchanged later in the 'far leg'.
2. Repurchase agreements.
In a securities repurchase agreement ('repo'), the initial exchange of securities, to be re-exchanged later in the 'closing leg' or 'far leg'.
