Short-term, 3 month maturity and a value of C$1 million, with the Canadian banker's acceptance (BA) as the underlying security. Contracts are flexible, liquid, and don't tie up credit lines. BAX contracts are traded on Montreal Derivatives Exchange. Also called banker's acceptance contracts.
Related information about BAX Contract:
- BAX Contract Definition | Investopedia
A BAX contract is a short-term investment instrument that uses a Canadian banker's acceptance (BA) as its underlying security. The specific BA underlying the ...
- What is BAX Contract? definition and meaning
Definition of BAX Contract: Short-term, 3 month maturity and a value of C$1 million, with the Canadian banker's acceptance (BA) as the underlying security.
- BAX descriptive brochure - Bourse de Montréal
futures market, the purchaser of a BAX contract buys it at its trading value. An actual ... The buyer of a BAX contract has a long position in view of falling rates and ...
- BAX Contract: Definition from Answers.com
BAX Contract A BAX contract is a short-term investment instrument that uses a Canadian banker's acceptance (BA) as its underlying security.
- Canadian Bankers Acceptance (BAX) - Contract Specifications
Canadian Bankers Acceptance (BAX) - Contract Specifications. Symbol - CE. Name - Canadian Bankers Acceptance (BAX). Exchange - MNTRL. Trading ...
- EconPapers: The evaluation of the Canadian BAX contract in ...
May 15, 2012 ... By John J. Siam and S.M. Khalid Nainar; Abstract: Purpose – The purpose of this paper is to document stylized features and market behaviour ...
- The Evaluation of the Canadian BAX Contract In Managing Short ...
BAX contract as the dominant instrument to manage Canadian short- term interest rate ... the BAX contract and a number of Canadian money market instruments ...
- simpleType "RollConventionEnum" | XML Schema Documentation
Namespace: http://www.fpml.org/FpML-5/confirmation. Defined: ...