BabelNet

bn:26691243n

Noun Concept

OTC derivative over-the-counter derivative

Contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. Open English WordNet

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Contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. Open English WordNet

The OTC derivative market is the largest market for derivatives, and is largely unregulated with respect to disclosure of information between the parties, since the OTC market is made up of banks and other highly sophisticated parties, such as hedge funds. Open English WordNet

IS A

derivative instrument

Open English WordNet

OTC derivative, over-the-counter derivative