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Questions and Answers
Qual è lo strumento finanziario derivato utilizzato per scambiare flussi di cassa tra due parti?
Chi ha inventato lo swap?
Chi utilizza principalmente gli swap per coprire i rischi?
Quali sono i diversi tipi di swap?
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Gli swap hanno un prezzo di acquisto per l'attività sottostante o il diritto di acquistarlo/venderlo ad un certo prezzo alla scadenza?
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La quantità e il valore degli swap scambiati sono meno legati al prezzo dell'attività sottostante rispetto ad altri strumenti derivati?
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Chi sopporta sempre il rischio di insolvenza della controparte?
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Gli swap possono essere utilizzati per scambiare cosa?
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Quali clausole possono contenere alcuni contratti di swap?
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Qual è l'alternativa agli swap prevista dal decreto Bersani bis?
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Study Notes
- A swap is a derivative financial instrument used to exchange cash flows between two parties.
- It was invented in 1994 by Blythe Masters of JP Morgan.
- Swaps are used primarily by banks, companies, and public entities to hedge risks.
- There are various types of swaps based on the financial flows exchanged.
- Swaps do not have a purchase price for the underlying asset or the right to buy/sell it at a certain price at maturity.
- The quantity and value of swaps traded are less tied to the underlying asset price than other derivative instruments.
- The risk of counterparty default is always borne by the customer.
- Swaps can be used to exchange interest rates, credits, or commodities.
- Some swap contracts may contain clauses that allow the financial institution to change the terms without notice.
- The decree Bersani bis allows for mortgage renegotiation as an alternative to swaps.
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Description
How much do you know about swaps? Test your knowledge with our quiz! Learn about the history, uses, and types of swaps, as well as the risks and potential pitfalls. With questions covering interest rates, credits, and commodities, this quiz is perfect for anyone looking to expand their financial knowledge. Don't get caught off guard by the fine print – take the quiz and become a swaps expert today!