Sentence examples for their counterparties from inspiring English sources

Banks that trade need the confidence of their counterparties, so maintaining a sterling credit is critical.

It said "such contagion could be amplified if bank creditors were unsure about the resilience of their counterparties".

The House plans exclude firms that are not "systemically important" or do not expose their counterparties to "significant credit losses".

Prodded by regulators, traders have shut themselves in hotel rooms for one weekend after another to sort out discrepancies with their counterparties.

For nine months now, banks have been in a panic: hoarding cash, nervous of weaknesses in their own balance-sheets and even more nervous of their counterparties.

Investment banks are able to borrow billions of dollars and make huge trades because, at the end of the day, their counterparties believe they are capable of making good on their promises.

"Everyone prefers to have Europe as their counterparty rather than Greece".

"Everybody who isn't blown up is figuring out their counterparty risk.

How funds would crystallise the notional profits on those contracts if their counterparty went bankrupt is one of finance's great unknowns.On June 9th the New York Fed and a group of banks and investors embraced reform by agreeing to develop a central counterparty, or clearing house, for credit-default swaps, a hugely popular type of derivative.

Smaller hedge funds, with $150 million to $500 million in assets, will report their general fund strategy, what firms handle their trading and clearing operations, and their counterparty risk — that is, what financial firm is on the other side of complicated bets like derivatives and which could stand to lose if the fund was unable to honor its obligations.

But banks are nervous about the risk that their counterparty will go bust while the swap is being put in place and so are shying away from such agreements.Hence the facility set up by the Federal Reserve on September 29th to supply $620 billion to its counterparts, so that they can lend them on to banks.