TERMIUM Plus®

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ACCORD-CADRE INTERNATIONAL OPERATIONS CHANGE [1 record]

Record 1 1997-10-23

English

Subject field(s)
  • Titles of Conventions, Treaties and Agreements (Documents)
  • Currency and Foreign Exchange
OBS

To simplify the process of netting multiple transactions and to define the rights of parties in cases of default, market participants developed standard documentation - such as the IFEMA - known as master agreements. These agreements can cover a number of individual transactions.

French

Domaine(s)
  • Titres de conventions, de traités et d'accords (Documents)
  • Politique monétaire et marché des changes
OBS

Afin de simplifier la compensation d'opérations multiples et de définir les droits des parties en cas de défaillance, les opérateurs sur les marchés ont mis au point des accords-cadres, comme l'Accord-cadre international sur les opérations de change, qui peuvent couvrir un certain nombre d'opérations individuelles.

Spanish

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