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New york mercantile exchange (nymex)
| Syndicated Loan Glossary |
Based in new york, nymex is the largest physical commodity futures exchange in the world, as well as a leading trading forum for energy and precious metals.
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Break funding, английский
Break funding seeks to ensure that neither party to a secondary loan trade is disadvantaged as a result of movements in the underlying funding rate where the settlement date is not a loan rollover date. it is the lma standard default position on all trade
Sub underwriter, английский
An underwriter will sometimes sell down a portion of its underwriting commitment to a sub underwriter.
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