Form 10-K Tecnoglass Inc For: Dec 31 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Investors in interest rate options are paying for trades that benefit from a sharp slowdown in the U.S. economy, contrary to the upbeat outlook held by many bond market participants. Analysts said they have seen increased demand from hedge funds in the U.S. options market for so-called "receiver swaptions," a type of trade that pays off when interest rates fall. In general, receiver swaptions give buyers the right to enter into an interest rate swap where they receive the fixed rate and pay the floating one.
The Australian Securities and Investments Commission (ASIC) said Westpac, one of the country's biggest banks, will pay a maximum penalty of A$1.8 million, along with A$8 million for the regulator's litigation costs. Westpac allegedly engaged in pre-hedging ahead of the transaction with a consortium comprising AustralianSuper, the country's largest pension fund, and IFM.
What Is an Interest Rate Swap? Explanation and Examples seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.