MacroMarkets LLC HomeContact Us

Real EstateMacroSharesRecent NewsAbout Us
CSI Housing
map
S&P Case-Shiller&#174 Home Price Indices
Gap Gauge
Research
Home Price Expectations Survey
map
otc housing products
Forward Contracts
Index-Linked Notes
Index Swaps
total return swaps
other otc products

CME Housing Futures & Options
MacroShares

Index swaps are for a negotiated term and designed to provide levered exposure funded on a running basis.

A contract can specify:
    › a running premium (monthly, quarterly, or annual)
    › a defined triggering event (i.e., when the designated index falls below a specified level or strike value), and
    › a contingent payout on an agreed-upon notional amount
The actual contract payout would be calculated as a percentage of the agreed-upon notional amount.

Cash Flow Examples
A U.S. housing index swap based on an S&P/Case-Shiller Home Price Index

Bullish Trade

Bearish Trade
© 2011 MacroMarkets LLC Privacy Policy | Terms of Use