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  • July 19, 2021
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Booking a Swap

The process of entering into a swap by a swap dealer. The swap in question is said to have become part of the dealer’s book or portfolio. In this sense, taking a position in a swap by a swap dealer differs from the situation where the swap facilitator acts as an agent in a swap transaction and does not take the swap on its own books.

Booking a swap is also referred to as positioning a swap.


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