Synthetic Customer Shorts

Refers to total return swaps booked in client accounts, where the reporting entity is economically long the underlying reference asset and the client is economically short. Use the [Maturity Bucket] to designate the earliest date a transaction could be unwound or terminated. Use the [Collateral Class] field to designate the reference asset of the transaction. Use the following [Sub-Product] values to designate how the position is “covered” (i.e., hedged): • Firm Short  Refers to transactions where the associated hedge is a short sale by the reporting entity of the physical security (i.e., transactions reportable under O.S.8, excluding those with a [Sub-Product] of “Firm Longs”. • Synthetic Customer Long  Refers to transactions where the customer synthetic short is hedged with another customer’s synthetic long position reported in I.S.9. • Synthetic Firm Sourcing  Refers to transactions where the associated hedge meets the definition of I.S.10. • Futures  Refers to transactions hedged with futures contracts. • Other  Refers to all other methods of hedging. • Unhedged  Refers to positions that are not economically hedged with another instrument or transaction.