Stock index swap

Stock index swap

A swap involving a stock index. The other asset involved in a stock index swap can be another stock index (a stock-for-stock swap), a debt index (a debt-for-stock swap), or any other financial asset or financial price index.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Stock Index Swap

A swap in which one of the legs is a stock index. At the swap, one swaps the cash flow of an index for some other asset. The other leg can be almost any other index, from another stock index to an interest rate.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved