Counterparties

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Counterparties

The parties on either side of an interest rate swap or a currency, equity or commodity swap, or to an options or futures position.

Counterparties

The persons or institutions engaging in a transaction. That is, the buyer and the seller of a good are the counterparties to the sale of that good. While it could apply to any transaction, the term is most common when referring to the counterparties of a swap.
References in periodicals archive ?
This will have to depend on various counter parties," he said.
Petron added, "The Company shall make appropriate disclosures to the Exchange in the event the definitive agreements relating to the contemplated acquisition of the Power Plant and the availment of the credit facilities are concluded with the counter parties."
Cloud9 Technologies LLC has launched Cloud9 gateway service, connecting Cloud9 users to their trading counter parties, even if they are not yet using the Cloud9 application, using industry standard private line interfaces, the company said.
Further, the execution of transactions agreements must be in place with counter parties the Islamic treasury is transacting with, for which also before any of these executions, review and approvals by the Shariah Committee/Shariah Board must be obtained.
MARC's counterparty credit ratings are opinions on the ability of counter parties to honour senior obligations under financial contracts, including third party credit guarantees.
"This tool can be used to net payments with counter parties even though the existing individual payments are with decentralized or unrelated business units within the counter party," says Donnelly.
The firm and its counter parties have agreed to defer the immediate implementation of the project and to periodically reassess its rate of return as energy prices normalise.
"The department conducted a meeting with the counter parties and policyholders of the bond insurance companies," said Andy Mais, spokesperson for the Insurance Department.
You should still regard collateral rights as the primary means to provide credit support for those counter parties, which exceed the credit limit.
FEE says "triangulation is not required for every conversion" - it is "only essential where contract counter parties are involved or where taxation or other authorities may require it".
The transaction there differs from a unilateral assignment by one of the counter parties to an NPC.
A provider of banking, financial, advisory, investment and funds management services, Macquarie Group acts on behalf of institutional, corporate and retail clients and counter parties globally.