swap e. vahetusleping - leping, mille kohaselt tehingupartnerid vahetavad omavahel kaht tulevast rahavoogu
swap - the exchange of one thing for another. In the foreign exchange market it refers to the purchase/sale in the spot market for a simultaneous purchase/sale in the forward foreign exchange market.
Firstly, the institution's net open position in each currency (including the reporting currency) and in gold shall be calculated. This position shall consist of the sum of the following elements (positive or negative): ... the net spot position (i. e. all asset items less all liability items, including accrued interest, in the currency in question or, for gold, the net spot position in gold), the net forward position (i. e. all amounts to be received less all amounts to be paid under forward exchange and gold transactions, including currency and gold futures and the principal on currency swaps not included in the spot position) ...
