PET - Plain English Taxonomy

Label: Assets Derivative Financial Instruments Equity Other Contracts Amount
TREF ID: DE7896
Data Type: xbrli:monetaryItemType
Period Type: instant
Balance Type: debit
Business Description & Guidance:
This is a balancing item in the list in which it is being used.This is the value, as at the relevant date, of other equity contracts held, consistent with the classification and measurement basis used for derivatives by institutions in accordance with accounting standards.This balancing item represents the value of total equity derivative contracts less those contracts which are defined as any of the following:- Forwards;- Swaps;- Bought option positions; or- Written (Sold) option positions;An equity contract is any contract that at least partly transfers the equity risk of an underlying equity security from one party to another.Derivatives are generally defined as those instruments/contracts, where the value is based on other products, and/or on prices associated with financial products. Derivative contracts involve:- Future delivery, receipt or exchange of financial items such as cash or another derivative instrument; or- Future exchange of real assets for financial items where the contract may be tradeable and has a market value.The contracts can either be binding on both parties (e.g. as with a currency swap) or subject to the exercise by one party of a right contained within the contract (as with options).Report this item regardless of whether favourable or unfavourable to the reporting entity 

Usage
Form Labels
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Guidance:
Equity Derivative Contracts - Other
While not intended as an exhaustive list, Equity derivative contracts may include the following: - swaps; - forwards; - futures; - purchased options/warrants; and - similar derivative contracts based on individual equities or equity indices. Netting should not be applied when reporting amounts within the Statement of Derivative Activity.