GTM 3442
26-11-2009, 08:47 PM
Evenin', team . . .
Various NZDX perpetuals (and even long-term non-perpetuals) have a regular rate reset at a margin ovet one of the swap rates.
How are the swap rates "set", and how dependent are they (formally or otherwise) on the OCR.
Can we have a situation where the OCR moves in one direction, but the swap rates don't follow - or even move the other way ?
Yours in ignorance. . . . GTM3442
Various NZDX perpetuals (and even long-term non-perpetuals) have a regular rate reset at a margin ovet one of the swap rates.
How are the swap rates "set", and how dependent are they (formally or otherwise) on the OCR.
Can we have a situation where the OCR moves in one direction, but the swap rates don't follow - or even move the other way ?
Yours in ignorance. . . . GTM3442