Futurisation of Swaps Set to Continue
Article from 2013 - Antony Bryceson
‘Futurisation’ is a new term coined to describe the trend of parties using futures contracts, instead of using OTC derivatives, to achieve their hedging or other trading objectives. Futures are designed as commoditised contracts of standard durations, which are transacted on futures exchanges and cleared through clearing systems.OTC contracts, on the other hand, can be as bespoke as the parties desire.
