BizTerm Definition
Money Market Trading book
Full Definition

A separate book is introduced for money market - trading because the results on these products are not booked on accrual basis. The (forward) mismatch position is the net cumulative cash flow, i.e. difference between amounts outstanding placed and taken per currency resulting from outstanding contracts measured per time bracket. See also Money market accrual book, forex book, position, position administration tables, standard position codes, combined position code, risk management, foreign exchange risk, forex, open currency position, mismatch, interest risk, liquidity risk, forward revaluation, interest revaluation, break even and nostro projection.

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