SK Securities

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Abstract

The case, set in the context of the Far-Eastern economic crisis, represents a complex total return swap. The deal is complex since it involves multiple currency, offshore investment vehicles, and back-to-back contracts. The case particularly highlights the inherent risks in such complex arrangements, which even the experts fail to see. The case should be of interest to all those who may be looking forward to the derivatives market in India and learn about the possible consequences, if handled without care.

Additional Information

Product Type Case
Reference No. F&A0451
Title SK Securities
Pages 6
Published on Apr 26, 2000
Year of Event 1997
Authors V Raghunathan; Varma, Jayanth R;
Area Finance and Accounting (F&A)
Discipline Economics, Finance
Sector Public Sector
Keywords Derivatives, Legal Risk
Country Korea, United States

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