國際18新利网址多少 學與財務知識分析(英文版)(PPT 33頁)

國際18新利网址多少 學與財務知識分析(英文版)(PPT 33頁)簡介：

The Swap Bank

A swap bank is a generic term to describe a financial institution that facilitates swaps between counterparties.
The swap bank can serve as either a broker or a dealer.
As a broker, the swap bank matches counterparties but does not assume any of the risks of the swap.
As a dealer, the swap bank stands ready to accept either side of a currency swap, and then later lay off their risk, or match it with a counterparty.

Consider this example of a “plain vanilla” interest rate swap.

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