portfolio compression definition
portfolio compression means a risk reduction service in which two or more counterparties wholly or partially terminate some or all of the derivatives submitted by those counterparties for inclusion in the portfolio compression and replace the terminated derivatives with another derivative whose combined notional value is less than the combined notional value of the terminated derivatives.
portfolio compression means a risk reduction service in which two or more counterparties wholly or partially terminate some or all of the derivatives submitted by those counterparties for inclusion in the portfolio compression and replace the terminated
portfolio compression means a risk reduction service in which two or more counterparties wholly or partially terminate some or all of the derivatives transactions and replace the terminated derivatives with another derivative whose combined notional value is less than the combined notional value of the terminated derivatives.
More Definitions of portfolio compression
portfolio compression means an exercise in which two or more OTC derivative providers or their counterparties or clients wholly terminate or change the notional value of some or all of the open OTC derivative transactions submitted by the OTC derivative providers, counterparties or clients for inclusion in the portfolio compression exercise and, depending on the methodology employed, replace the terminated OTC derivative transactions with other OTC derivative transactions whose combined notional value or some other measure of risk is less than the combined notional value or some other measure of risk of the terminated OTC derivative transactions in the compression exercise;
portfolio compression means a process —