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Boomers Are Like Locusts (guest: Harley Bassman)

The Market Huddle

CHAPTER

Isda

Most of the interesting derivative risk control products are only available to professionals. And you have to have an isda, a contract to trade these over the counter derivatives,. A civilian can't get them. Most family offices and small hedge funds, i en hedge fon under a hundred million prob is, not half an isda. That was the entire story line for for oneof one of the clients.

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