In financial markets, Reset (or Fixing) is implemented as a generic concept to determine and record a reference rate, usually with the motive to regulate the settlement value of a periodic payment which agrees between two parties.
Introductory Econometrics for Finance By Chris Brooks (published by Cambridge University Press, 2008)
Handbook of Finance, Financial Markets and Instruments By Frank J. Fabozzi (published by John Wiley & Sons, 2008)
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