It stands for credit-linked deposit; a credit-linked hybrid that combines a deposit with a credit default swap that the investor (depositor) sells to the deposit...
A credit-linked hybrid that combines a deposit with a credit default swap that the investor (depositor) sells to the deposit taker. The principal amount of the...
An option-based strategy that involves buying a synthetic off-market currency forward and simultaneously buying another option, in order to avail from favorable...
It stands for collateral value adjustment/ collateral valuation adjustment; the pricing adjustment made for a collateralized derivative. It represents the cost of...
A practice in bankruptcy proceedings whereby a bankruptcy court may enforce contracts that are in the money to the bankrupt counterparty while abrogating contracts...
The risk that arises from a significant drop in the market capitalization of an exchange to the effect that large numbers...
A put option that pays the holder the amount of a decline in a position or portfolio over the option's life, often less...
It stands for collateral value adjustment/ collateral valuation adjustment; the pricing adjustment made for a collateralized derivative. It represents the cost of...
A commodity swap which has a commodity index as underlying. In this swap, cash flows are intended to replicate the commodity index. The...
A non-standard interest rate cap in which the rate used is a swap rate with a constant maturity. For example, a CMS cap could...