Document ID: chunk:federal_register_of_legislation:F2023L00316:body:0:p5
Version: federal_register_of_legislation:F2023L00316
Segment Type: other
Provision Reference: 
Character Range: 11780–14872

the fair value of all open foreign exchange derivative contracts, whereby the contracts involve the transfer of foreign exchange risks on underlying foreign exchange currencies from one party to another.

   1(5).        Equity contracts - Principal amount

This column is the principal amount of all open equity derivative contracts, whereby the contracts involve the transfer of equity risks on underlying equity security from one party to another.

Include:

    * swaps;

    * forwards;

    * futures; and

    * purchased options/warrants.

   1(6).        Equity contracts - Fair value

This column is the fair value of all open equity derivative contracts, whereby the contracts involve the transfer of equity risks on underlying equity security from one party to another.

   1(7).        Precious metal contracts (excluding gold) - Principal amount

This column is the principal amount of all open precious metal derivative contracts (excluding gold), whereby the contracts involve the transfer of asset pricing risks on the underlying precious metal assets from one party to another.

   1(8).        Precious metal contracts (excluding gold) - Fair value

This column is the fair value of all open precious metal derivative contracts (excluding gold), whereby the contracts involve the transfer of asset pricing risks on the underlying precious metal assets from one party to another.

   1(9).        Other derivative contracts - Principal amount

This column is the total principal amount of all other open derivative contracts not falling in the previous derivative categories.

Include:

    * credit derivatives;

    * commodity derivatives; and

    * any contracts covering other items, that give rise to credit risk.

   1(10).   Other derivative contracts - Fair value

This column is the total fair value of all other open derivative contracts not falling in the previous derivative categories.

   1. Exchange-Traded Derivatives (traded on recognised exchanges)

Exchange-traded derivatives relate to the total of all derivatives traded on recognised exchanges.

  2.     Over-The-Counter Derivatives

This is the total of all derivative instruments that are not traded on recognised exchanges.

   2.1. Forwards

Forwards are agreements to exchange a predetermined amount of an underlying asset financial instrument at a specified future date and at a predetermined price.

   2.2. Swaps

Swaps are financial instruments representing a transaction in which two parties agree to swap or exchange some obligation, generally a series of cash flows, on differing terms.

   2.3. Bought option positions

A bought option includes both put and call options that have been purchased by an entity. It provides the purchasing entity with the right, but not the obligation, to buy or sell a specific amount of an underlying asset at a pre-agreed price, on or before a specific future date.

   2.4. Written option positions

A sold, or written, option includes both put and call options that have been sold by an entity. It obliges the selling