<t>Perfect, thank you. So at the start of the swap it doesn't happen, but during the life of the swap it could be possible? For example consider an equity swap that exchange the return of two different index, with variable notional principal. At the start of the swap the notional is 1$ for both inde...

Hello,It is usual to see swaps that have the same notional principal amount for the two legs of the swap.Could the notional amount be different for the two legs, at the start of the swap??Thank you.

Hello,How can I "price" an equity call swap??(ECS is an equity swap where the two legs are two different index return).Thank you.

<t>No, fortunately it's not a complicated things, but my questions born from the fact that I didn't find anything about this argument (probably bacause it is a little bit "useless") and one of my doubt was, infact, if it was possible doing this "sort of standardization" for several cases of ETF's sw...

<t>Exactly I don't know yet, because i have to understand better the mechanics of the ETFs's swap. But I would describe, for the most important case, the pricing or the value or only the cash flows of the swap. I'm trying to help myself with formulas of equity swap that I found in the paper "The pri...

<t>Thank you for answering, I red some papers about synthetic ETFs and i found that, usually, they receive from the counterparty (usually the same bank that creates the ETF) the return of the Index to track, in exchage ETF pays the return of the sobstituted equity basket in his portfolio and not an ...

<t>for example, the value at time n+1 of an Etf's swap with costant notional principal of 1$ and without foreign exchange, no cost of hedge or other type included, could be:V(n, n+1) = {[I(n+1)/I(n)] - 1} - {[SB(n+1)/SB(n)] - 1} = I(n+1)/I(n) - SB(n+1)/SB(n)where I(n) is the total return index value...

<t>Hello everyone,I'm writing a thesys about Synthetic ETFs, in particular I'm trying to analyze the swap between a "sobstituted basket" and a stock market Index (such as S&P, etc...).In definitive, I'm trying to find a sort of standardization of the swap. Doing this I found some problems; I'm g...