Swaps generally do not require a performance bond such as a margin requirement, and this tends to give swaps slightly more default risk than a comparable futures contract.
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Q2: A swap is a bundle of end-to-end
Q3: An interest rate swap is a currency
Q4: In an interest rate swap, the principal
Q5: A swap contract identifies the currencies of
Q6: In most countries, currency swaps must be
Q7: A swap contract releases each party from
Q8: Currency swaps have little relation to currency
Q9: Currency swaps are usually used to hedge
Q10: In an interest rate swap, only the
Q11: If one party defaults in a swap,
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