标题: Anyone Entered into a CFA Failure Swap? [打印本页] 作者: hanvinh 时间: 2013-4-12 22:50 标题: Anyone Entered into a CFA Failure Swap?
My coworker agreed to pay $500 in the event of a failure; however, the premium is also $500, contingent on a passing score. She has the option to renegotiate the terms after the results of the mock exam. Seems like a decent hedge… I haven’t agreed to it yet, but seriously considering.
Everyone else going all or nothing?作者: mp3bu 时间: 2013-4-12 22:51
WTF is a swap?作者: Siddimaula 时间: 2013-4-12 22:51
Not exactly sure, but she explained it to me. I’m probably being taken advantage of… I dig it when women use me ;)作者: NakedPuts 时间: 2013-4-12 22:51
Sounds like a swap of something else…hah, go for it, but don’t forget to be ethical.作者: Walex 时间: 2013-4-12 22:51
Is this a ‘put’ Swap ;-)作者: spartan1 时间: 2013-4-12 22:51
have her write a CDS for you.作者: DoubleDip 时间: 2013-4-12 22:51
It’s all about plug figures for her balance sheet. She probably needs a long position to enhance her downside potential.
