He added that the counter party of the third contract had "made arrangements to transfer the related business and employees to a third party".
The reason for this is the nearer term option that you are selling is then out of the money which reduces the initial probability that the option will be exercised by a counter party and you will have the option assigned.
The bearer nature of these digital instruments like the cryptocurrency bitcoin will keep transaction costs low by eliminating third-party processors and counter-party risk.
Just remember that ETFs are ultimately, like a complicated mortgage derivative, subject to counter-party risk.
Every client or counter-party to them will need to question their ability or willingness to honor plain vanilla contracts.
Clients did not take this news very well, considering the fact that such a large proportion of the securities being loaned presented additional counter-party risks to their portfolio.
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In the current crisis, where there is no real market, the rule has forced massive write-downs, which have precipitated solvency and counter-party credit concerns that have caused further write-downs.
"This is not a business where you can get away with bullying a counter-party, " says John Hattenberger, Gazprom's point man in the U.S., from his one-man office in downtown Houston, set up in preparation for building more permanent Gazprom digs there.
The emergency rule, which is in effect for 30 days, will also apply to shares of Wall Street banks, welcome news to companies like Lehman Brothers , shares of which traded down more than 40% last week on rumors about its status as a counter-party.
The move has been widely seen as an attempt by Labour Party leaders to counter the rise of the BNP, after criticism from within the party that it had failed to heed the warning signs of a backlash against new economic migration.
It's a signature move from the maverick veteran senator, one clearly designed to energize the Republican party, counter Democratic nominee Barack Obama's message of generational change and court women voters.
The pessimists counter that California's party politics remain largely a mirror of America's, and a rapprochement between Republicans and Democrats is not in the offing anywhere.
ECONOMIST: California: Not quite Greek, but still weak | The
As soon as one party lays down a position, the other party is taking that counter-position.
Nine members of his own parliamentary party then issued a counter-petition eagerly upholding his right and duty to do so.
The counter argument is that the third-party investors only get their money back when the player is sold.
Chaudhry went to Pakistan's largest city, Karachi, only to be confronted with a counter-demonstration organized by a pro-government party intent on disrupting his appearance.
Doing so will score points with Tea Party voters, ensure a steady flow of TV appearances and keep the debt counter running on Fox News to underscore the point that, yes, the national debt is very large.
The aptly-named Party Dishwasher sports a sleek, silver finish and your standard under-the-counter boxy design, but what it lacks in originality outside, it certainly makes up for inside.
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The reformers counter this by pointing out that a prime minister would have to be from the legislature's largest party, or coalition of parties, or government would break down.
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