Exchange Currency

non-deliverable swap (NDS)

A type of swap that differs from a non-deliverable forward only in that it is done through a major currency. These types of transactions are used when the swap includes a major currency.

Related information about non-deliverable swap (NDS):
  1. Non-Deliverable Swap (NDS) Definition | Investopedia
    A swap that is similar to a non-deliverable forward, with the only difference being that settlement for both parties is done through a major currency.
     
  2. What is non-deliverable swap (NDS)? definition and meaning
    Definition of non-deliverable swap (NDS): A type of swap that differs from a non- deliverable forward only in that it is done through a major currency. These types ...
     
  3. Understanding Cross Currency Swaps - MFX Solutions
    In a non-deliverable swap (NDS) there is no physical exchange of the two currency flows. Instead, the USD equivalent of the local currency payment ( determined ...
     
  4. Non-Deliverable Swap or NDS : NobleTrading Blog
    Nov 3, 2008 ... Like Non-Deliverable Forward (NDF), Non-Deliverable Swap (NDS) is cash settled contracts which do not involve delivery of underlying ...
     
  5. NDS Group: Definition from Answers.com
    Non-Deliverable Swap - NDS. Top. Home > Library > Business & Finance > Investment Dictionary. A swap that is similar to a non-deliverable forward, with the ...
     
  6. Cross currency swap - Wikipedia, the free encyclopedia
    "Non-deliverable Swap (NDS)". http://www.amex.com/servlet/AmexFnDictionary? pageid=display&titleid=4258. ^ "Actual factors to determine cross-currency ...
     
  7. Discover It: Overnight Index Swap
    Aug 21, 2007 ... Basis Rate Swap, Bond Swap, Commodity Swap, Credit Default Swap, Currency Swap, Interest Rate Swap, Non Deliverable Swap - NDS, ...
     
  8. NPV of LCY leg - European Fund for Southeast Europe
    The term non-deliverable swap (NDS) or non- deliverable forward (NDF) refers to . 25. 1 - The fact neither me or TCX will ever get paid in HCY. 2 - The total value ...