CFTC Proposal Crimps Swap Valuation

16 Feb 2011

Swaps counterparties would be blocked from using updated and improved valuation methods, under a proposal by the Commodity Futures Trading Commission. They’d also get locked in to prices on the swaps that reflect the mid-market point, not actual traded prices, say lawyers and advisors in New York.

--Mike Kentz

Swaps counterparties would be blocked from using updated and improved valuation methods, under a proposal by the Commodity Futures Trading Commission. They’d also get locked in to prices on the swaps that reflect the mid-market point, not actual traded prices, say lawyers and advisors in New York. ...

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