FX swaps the new CDOs that’ll take us down, or a nothing burger?

Follow-up: Can someone explain an FX swap to me like I’m 5?

like
Posting as :
works at
You are currently posting as works at

No, absolutely not the next CDO. FX is just foreign exchange. They don't last as long. They are not a derivative and not a derivative of a derivative. They are not for short term investors and not for individuals. The fact that we can enter into does not mean that we should. An FX swap, is an agreement to accept currency A for currency B on Date C. It is usually a hedge. For example, you see products to another company, that company's functional currency is different than yours and is going to pay you 1000 currency A on Feb 15. You know what is in US dollars today, but you wanted to be protected from currency fluctuations before payment. So you can lock in your rate. This is sometime called an FX forward. Further out may be called swaps, but sometimes people use swaps just to refer to swapping interest rates on short term debt in a different currency too. Is almost always a hedge transaction to balance your front side exposure. Entering into FX trading, just to be exposed is basically roulette.

like

Related Posts

Anyone discussing protective put options strategies with retail clients?

What’s a good Marriott Bonvoy points vs $ conversion to make decisions on using points or $?
I’m contemplating 40k points vs $168 including taxes at a category 4 location

Hi, will be staying in London next week. Does anyone have an Accenture rate code for the Marriot / Hilton in London?

like

Do you use TikTok on your personal device? I want to gauge the community if the potential risks are worth using the app. I am a federal contractor but have a clearance. I am on the younger side so TikTok is very relevant to my peers, please don't shame me haha

likefunny

Good answer for “what motivates you” for MBB interview without the mention of 💵

like

Advice for interviewing at Spotify? It’s for a contract role and there is only one round of interviewing.

like

If anyone in the group works for Fannie Mae…do you have any tips for the interview process? I have an interview coming up.

I’m also unsure of what to say for a salary range, I don’t want to cut myself short. It is a risk management associate position. I have 5 YOE in mortgage ops with transferable skills

like

If any Lesbians in Atlanta want to grab drinks, I’ll be at MSR after the Dream Game tonight.

If product management was a song, what would it be?

(Apologies to the PM from whose Twitter I stole this!)

likeuplifting
like

I’m considering applying for a position at Anchor in their creative department but I’m worried that they are too new to the industry. Does anyone have any input into the company and their growth?

like

For those trying to leave, how do you sneak interviews in?

like

Interviewing for new jobs when my current boss is a reference, bad idea or not?

like

Hello Tigers

I have an ongoing discussion with
Tiger Analytics, have cleared R1 and have been told that there will be next round. Can you pls let me know abt R2 ? If it's more of Technical or Techno Managerial..?
What are the stages involved.

Tech: Azure
Exp: 12 yrs

#thanks
Tiger Analytics

like

Is a second career gap considered career suicide in tech/consulting - both were voluntary, never fired or laid off?

like

Recently i joined cgi but the project does not ses much good as per tech stack.Is there anything I can do in this case.I am tagged to this assignment but project has not yet started.Please help me with issues?

Hello All,

I bought CER006 on Nov 21 with my current company email id and completed one certification. I am leaving my current organization and I still have 9+ months time left for CER006. My company says the s user id provided by them will get de-activated once I leave (in a week). I have not claimed the amount also. Is there any way I can transfer the certification to my personal email I'd so that I can write other exams in time left?

funnylike

Hi Sharks,

Infosys shortened my notice period without my consent. 2 months remaining for the original LWD. But they said your new LWD will be 4th Nov will I get salary for remaining 2 months or not?

TIA! Infosys

likehelpful

If FP&A analyst II job posting pay was $36.66 hourly (no range) what would be an acceptable offer
and counter offer?

like

Additional Posts in Personal Investment Chatter

What's the best airline stock to get into before the possible travel rebound next year? Do you also get in now or Q1/Q2?

like

27, paid off car, student loans left is $18.5k, investments at $22.3k, trying to go to grad school PT by next summer. employer willing to pay $5.5k/yearly, would take me 2.3ish years to complete, projected price would be $23k after tuition reimbursement. what’s the best way to pay through school, i feel like it doesn’t make sense to put money into a 529 if i plan to withdraw so soon? thoughts were max out my 403B, show an AGI of 70K and get low cost student loans out? does this make sense to do?

like

Anyone here trade options in addition to working full-time? I am curious to hear about how much additional income you’re able to pull in, big lessons learned for a beginner, where to start learning/practicing, etc.

like

Any advice for me as I go blindly into searching for a fiduciary to advise me personally?

Looking for recommendations on a good budget template for a handwritten budget. Got anything?

like

Hey 🐠 , how do you guys shop for car insurance? Having a hard time finding a true aggregator site for comparison—they all direct me to individual insurers for quotes. My rate at GEICO just went up 40% so want to shop around a bit…

like

Is ARKK still a good ETF to invest in?

like

Currently have excessive savings. Is now a good time to invest in general S&P funds?

like

Is it too late in our lives to jump into a mortgage?

So my fiancée and I are relatively late in terms of finally landing well paying jobs and being able to save money instead of living paycheck to paycheck. We’re both 36 and currently rent a 2 bedroom in NY and have a combined savings of $35,000 which she wants to use as a down payment on a condo. I kinda just wanna continue saving while renting. I also literally just started contributing to my 401K so I’m also late in the game for that too.

helpful

Hi, not sure if this is the correct bowl. I would like to buy a Theragun percussion device using my HSA funds. From what I understand, Theragun is normally not eligible for HSA but I have a doctor's note saying he is recommending one. Would that make it eligible?

likefunny

How much did you save before leaving your parent’s house? Either for the first time, or if you went back during early Covid.

My wife reads nearly an entire book per day just in her spare time after work, no exaggeration. I’m amazed by her and wondering what ideas are out there to monetize her skill? Book editing maybe?

likefunnysmart

How bad of a financial move is it to relocate to London from NYC?
Currently at 165 TC, 26M
No near term financial goals, just would like to retire at some point.

like

I forgot to transfer my crypto or withdraw from binance to binance US. Is there a way I can withdraw or transfer now? I think the deadline was until Nov 2020

like

When to buy back in to triple leveraged etfs 🔮

like

Hi-I have 120K in cash in HYSA. After keeping emergency fund aside. Still have 75-80K available that I plan to invest. After 401k, HSA, IRA and monthly expenses: we are left with 6K every month. So investing 12K every month in market. My worry is with that rate - it will take us 12-14 months to move the extra 75-80K mentioned above. However do not want to make a bulk move. Any advise how to plan the switch. At present have 60K invested in stocks. Thanks

like

How to understand “coupons”?

With the same %yield, which one of the following is better.

A treasury bond with 6% coupon maturing in 2025
Vs
A treasury note with 2.5% coupon maturing in 2024

like

Any one here following the SECURE 2.0 Act. People got any opinions or tacts on if it could benefit us?

like

Need help. I have $13k saved for my kids age 6, 9, 10 in just a high interest savings account which actually decreased to only .50APY. Looking to move it or do something with it to help it grow more than a few bucks a year. What are my options? Not sure if they'll go college route or where life leads them. I'll be adding approximately $300/month this year to the savings.

like

How much money have you invested in crypto currently? I’ll start - $5000 currently

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal