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equity swaps
Posted: Wed Aug 15, 2018 7:45 pm
by Jurassic
@nikol isnt that the same for any desk?
equity swaps
Posted: Fri Aug 17, 2018 10:54 am
by nikol
You can treat your desk as a small bank. Only exception is that your funding might be better (internal subsidy) than on the market.
Equity swaps, TRS and ASW, are about funding (incl. XVA) + repo.