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Featured Article – Understanding Swap Agreements
In the last few Margin Managers, we have featured articles discussing some of the more common alternatives used including forward agreements and futures contracts. In this month’s feature, we explore the world of swaps. While similar in many respects to futures and forwards, there are some notable differences that we highlight. As with any contracting alternative, it is important to …
Margin Watch Reports
While markets were relatively muted this past month, news of the presidential election results in Argentina has been a major point of discussion. In a surprise victory, opposition candidate Mauricio Marci defeated the ruling party candidate Daniel Scioli ending the era of Peronism on a platform pledging political reforms. Among other things, these include the reduction or elimination of export tariffs that have crippled the farm sector. In addition, the EPA finally …