ONTOLOGY EXPLORER
derivatives clearing organization
<https://spec.edmcouncil.org/fibo/ontology/DER/DerivativesContracts/DerivativesBasics/DerivativesClearingOrganization>
プロパティと値
| プロパティ | 値 |
|---|---|
| type | Class |
| label | "derivatives clearing organization" |
| subClassOf | ClearingHouse |
| definition | "clearing house that enables parties to substitute the credit of the DCO for the credit of the parties" |
| abbreviation | "DCO" |
| adaptedFrom | "http://www.cftc.gov/IndustryOversight/ClearingOrganizations/index.htm"^^<http://www.w3.org/2001/XMLSchema#anyURI> |
| explanatoryNote | "For options, the derivatives clearing organization is responsible for clearing transactions for put and call options on common stocks and other equity issues, stock indexes, foreign currencies, interest rate composites and single-stock futures."@en |
| explanatoryNote | "Substitution may be done through contract novation, for example. A derivatives clearing organization (DCO) also arranges or provides, on a multilateral basis, for the settlement or netting of obligations, or otherwise provides clearing services or arrangements that mutualize or transfer credit risk among participants." |