Calculation Agent
An individual who calculates the value of a derivative or the amount owing from each party in a swap agreement.
In most cases, a calculation agent will be a professional market maker. If more than one calculation agent has been chosen, they are referred to as co-calculation agents and have a shared responsibility.
In most cases, a calculation agent will be a professional market maker. If more than one calculation agent has been chosen, they are referred to as co-calculation agents and have a shared responsibility.
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