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Curve Trade

A credit derivatives trading strategy in which a trader attempts to avail from mispricing in credit spreads. In other words,...

Call Price

The premium (price) of a call option. It is an amount paid by the call option's buyer (holder) to the...

Call Premium

The premium (price) of a call option. It is an amount paid by the call option's buyer (holder) to the...

Call Option Premium

The premium (price) of a call option. It is an amount paid by the call option's buyer (holder) to the...

Combination Option

An option or set of options that consists of one put and one call or more on either leg. The...

Currency Protected Size Option

A quanto that is combined with other exotic options in various ways, depending on the investor's view and requirements of...

Credit Event

An impaired capacity/ ability of a borrower/ reference entity (in a credit derivative contract/ arrangement) to meet contractual payments, whereby...

CCBS

It stands for cross-currency basis swap; a floating-for-floating swap that involves exchanging two streams of interest payments each denominated in...

Cross-Currency Basis Swap

A floating-for-floating swap that involves exchanging two streams of interest payments each denominated in a different currency. In other words,...

Closing Range

The high and low prices which are recorded during the period whose end marks the official close of certain futures...