The processes undertaken by a specialized corporation, called a clearinghouse, in order to facilitate securities transactions. That includes: validation, delivery...
A reverse knock-out option (RKO option) in which the barrier is at a level above the spot underlying price. This...
A spread option (an interest rate derivative) that pays a coupon based on the differential between the CMS rate over...
A reverse knockout option (RKO option) in which the barrier is at a level above the spot underlying price. This...
It stands for call reverse knock-out; a reverse knock-out option (RKO option) in which the barrier is at a level...
A floating-rate note (floater) in which the periodic coupon depends on the performance of some embedded option with an underlying...
The spread/ premium that reflects the a CDS market's view of both probability of default and an assumption about the...
A swap in which interest, instead of being paid, compounds forward until maturity. The interest is compounded forward until the...
The premium (measured in basis points) that is paid to the protection seller in a credit default swap (CDS) or...
An inverse floater swap in which the payer of the structured leg has the right to call off the transaction...