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• Off-balance sheet commitments

  They include, in particular, financial commitments and guarantee commitments.

• Off-balance sheet.

  It represents the rights and obligations of credit institutions, the measurable effects of which on the amount and consistency of assets are contingent upon the occurrence of future conditions or events.

• Organized market

  A market is considered organized when there is a clearinghouse that manages liquidity and ensures the proper settlement of transactions, as well as a daily adjustment of positions through the settlement of price differences, and if each participant is required to deposit a margin.

• Over-the-counter (OTC) markets

  Contracts are freely agreed upon between the parties in these markets, which are not subject to any regulatory constraints.