来自：FRM > 二级 > 综合押题 2020-09-12 12:29
老师您好，309题，合同更替，不也就是在c选项发生的情况下吗？novation和termination 有啥区别呢？
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shan
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1768天前
查看更多
shan
提问
264
上次登录
1768天前
jason 2020-09-12 13:49
致精进的你:
Termination:Termination events allow institutions to terminate a trade before their counterparties become bankrupt. A reset agreement readjusts parameters for trades that are heavily in the money by resetting the trade to be at the money. Reset dates are typically linked with payment dates, but they could also be triggered after a certain market value is breached. Novation: The extinguishment of a party’s obligation (e.g., the debt of the obligee) through an agreement to substitute the old obligor for a new one
The real talent is resolute aspirations.
真正的才智是刚毅的志向。
