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CDS Premium

The premium (measured in basis points) that is paid to the protection seller in a credit default swap (CDS) or...

Callable Inverse Floater Swap

An inverse floater swap in which the payer of the structured leg has the right to call off the transaction...

Correlation Derivative

A derivative whose underlying is the correlation between two or more financial variables such as prices, returns, performances, etc. In...

Maturity Date

The date on which a derivative instrument expires or becomes due for payment or settlement. It is also referred to...

Volga

An option sensitivity measure (a second-order greek) that captures the second order sensitivity of an option to the volatility of...

CH

It stands for clearing house; a firm that undertakes guaranteeing the performance and contractual fulfillment of the parties to the...

Clearing Corporation

A firm that undertakes guaranteeing the performance and contractual fulfillment of the parties to the transactions of exchange-traded derivatives (ET...

Clearing House

A firm that undertakes guaranteeing the performance and contractual fulfillment of the parties to the transactions of exchange-traded derivatives (ET...

Clearinghouse

A firm that undertakes guaranteeing the performance and contractual fulfillment of the parties to the transactions of exchange-traded derivatives (ET...

KO Option

It stands for knock-out option; an option that automatically deactivates or expires only when a certain price of its underlying...