Any type of order that is associated with a trigger condition (trigger point/points) in addition to the trading price, quantities and expiration...
The present value of the expected future net cash flows of a derivative. This value captures the current credit exposure...
An offsetting or opposing swap which is designed to close out the market exposure of an existing swap position. For example, a fixed-rate-paying party...
A subset of sharikat al-aqd (contractual partnership) in which two persons or more agree to cooperate and work together for the purpose...
A large block of shares that can be sliced by dividing it into smaller lots (known as the child orders) in execution of...
It stands for current replacement cost; the amount that is required to replace an existing (active) swap in the event a...
A technique which is used to convert an interest rate of a given period into an interest rate of a...
A type of sukuk structure in which the underlying pool of assets consists of two or more Islamic finance contracts. For example,...
The amount that is required to replace an existing (active) swap in the event a counterparty to the swap is unable to...
Mid-swap (MS) is the average of bid and ask swap rates used as a benchmark for calculating total interest rate...