A trading irregularity which constitutes an illegal practice where a group of investors takes an influential long position in futures,…
In the US, an interest rate swap in which the floating rate leg is referenced to the Cost of Funds…
A constant maturity credit default swap (CMCDS) in which the rate is capped at a specific level. This swap combines…
A KIKO option that enables currency traders to sell a specific currency at a fixed exchange rate against another currency…
A neutral option strategy (broadly a short butterfly) that is based on three legs involving selling a low strike call,…
A derivative in which the underlying is CO2 emission allowances (carbon credit or the so-called carbon emission certificates- EUA: European...
An FRN that is embedded with increased participation mechanism. In other words, the holder can get more participation levels as...
A spread that involves two related commodities: a primary (raw or unprocessed) commodity and one of its byproducts. In other…
A sensitivity measure for options and other derivatives which calculates the change in gamma in response to the passage of…
An arbitrage strategy that is based on buying a convertible security (like convertible bonds) and simultaneously selling short the issuing…