Difference between revisions of "NYSE Euronext Swapnote"

From MarketsWiki
Jump to navigation Jump to search
m (Text replace - "<div style="float:right; margin-left:1em;">{{NYSE Ad 1R}}</div>" to "")
m (SarahRudolph moved page NYSE Euronext swapnote to NYSE Euronext Swapnote)
 
(One intermediate revision by one other user not shown)
Line 14: Line 14:
<references />
<references />


<!-- Categories go at the end of the article.  Not sure if this article fits a category?  Some do,
[[Category:NYSE Euronext]]
    some don't.  Take a look at http://www.marketswiki.com/mwiki/index.php?title=Special:Categories
    if you want a list of existing categories. -->

Latest revision as of 14:18, 15 August 2013


NYSE Euronext's Swapnote futures are part of the Liffe group of products. They are notional bond contracts referenced to the swap market. They are priced like a bond with a fixed maturity and 6 percent coupon.

The main Swapnote contracts (exclusive to Liffe) by volume are:

Five-Year € Swapnote® Fut. LON O 710 9,194 Ten-Year € Swapnote® Fut. LON P 903 2,515 Two-Year € Swapnote® Fut. LON TWS 2,311 30,615

The contract is referenced to the ISDA (International Swaps and Derivatives Association) benchmark Euribor swap rate fixings, providing exposure to the Euro denominate swap rates, and is designed to accurately track the Euro swap yield curve.[1]

References[edit]

  1. Swapnote. NYSE Euronext.