A state of the delta of an option which makes the variation of an in-the-money option's hedge ratio extremely wide just prior to expiration. It is...
The risk that arises when the price of an asset underlying an option approaches its strike price as it gets closer to expiration date. This is...
An exchange-traded contract (and a derivative) whereby the holder is under obligation to buy or sell a specific asset (security or commodity) for a predetermined...
An exchange-traded contract (and a derivative) whereby the holder is under obligation to buy or sell a specific asset (security or commodity) for a predetermined...
A trading order that remains in a designated venue for a single matching cycle and after completion of the cycle any unfilled portion will be routed...
A long-dated FX product which allows counterparties to link to floating-rate benchmarks in the funding currency. This target redemption note (TARN), as the...
A long-dated FX product which allows counterparties to link to floating-rate benchmarks in the funding currency. This target redemption note (TARN), as the...
An abbreviation for foreign exchange target redemption note (also termed: FX target accrual redemption note); a long-dated FX product which allows counterparties to link to...
A reserve that is created by an Islamic bank by appropriating a specific amount out of the income of investment...
It stands for investment risk reserve; a reserve that is created by an Islamic bank by appropriating a specific amount out of...