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Part One
Products and the Background to Trading
Chapter 1
Trading
1.5 When is a trade live?

Оглавление

A trade is live between the time of execution and the time of maturity. Final delivery may sometimes occur after the maturity date, in which case although the trade has no value at maturity, it does still bear the risk of non-delivery. Even when a trade has matured it may still feature in trade processes, such as for compilation of trading statistics, lookback analysis, auditing or due to outstanding litigation.

The Trade Lifecycle

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