easy · FRM Part 1 Financial Markets and Products
What is 'multilateral netting' in a CCP-cleared swap market?
- The process of netting interest rate swaps against equity trades.
- Allowing a member to pay only in their domestic currency.
- A rule that requires three or more parties to sign every swap contract.
- Combining all of a member's positions across different counterparties into one net obligation to the CCP.
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