Total Return Swap
topic on 1 show · 2 statements across 2 episodes
2 statements about Total Return Swap, every show
Ries: LTSE strips tenure rewards from investors who loan or swap shares
“But like, let's say you build a total return swap, or you loan the shares out for shorts, or you do any activity that builds a derivative out of the economic ownership of the share, that automatically deregisters you from the ledger that we maintain on behalf …”