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Catchword for “dark derivative”
Catchword: dark derivative
Filed under: , , ,
Part of speech: n.
Quotation: In his testimony, Greenspan recommended to Congress that regulation of Over-The-Counter (OTC) derivatives between private parties was not necessary. These derivatives are referred to as “dark derivatives” as they take place away from exchanges where the terms could be made public and the companies examined by the exchange for counterparty risk—the risk that a company would be insolvent or bankrupted by the time when the derivative comes due.
Article or document title:
“The Money Matrix - Bring Light to Dark Derivatives! (PART 11/15)” (URL)
Author:
“Jake”
(This author is either a pseudonym or is not clearly named in the original source.)
Article, document, publication, web site:
Nolan Chart
Date of publication:
Apr. 7, 2009
This catchword has yet to be researched.
Posted 14 Apr 09 | Permalink | Tell a Friend

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