Summary of Fossil Evidence. Fossils are evidence of organisms that have existed. The fossils may consist of clues about the organism, such as its tracks or feces, or they may be a part of the organism, such as a bone or other body part.
A: A non-centrally cleared derivative is a bilateral derivative transaction that is not cleared by a central counterparty. This does not include any exchange traded derivatives, securities financing transactions, or derivatives that are cleared indirectly through a clearing member on behalf of a non-member client.
The term derivatives today is used to refer to a vast array of privately negotiated over-the-counter. (OTC) and exchange traded transactions. Over the last decade, OTC derivatives transactions have. grown to include not only interest rate and currency swaps, but also interest rate caps, collars and floors,