Griffen Incorporated entered into a swap deal with Ontario Provincial Bank as swap dealer in earlyMay one year. In September that same year, the swap dealer identified Prodborski ManufacturingLimited as as the other counterparty to the swap deal. In this situation, Ontario Provincial Bank as swap dealer is said to have

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Ontario Provincial Bank is said to have "warehoused the deal" when it identifies a counterparty after entering into a swap deal with another party. This means that the swap dealer is holding onto the deal until they can find a suitable counterparty to take on the other side of the swap.

Griffen Incorporated Entered into a Swap Deal with Ontario Provincial