The price at which a commodity or a financial instrument (a derivative) for immediate delivery is selling at a specific...
With respect to futures, it is the difference between estimated transaction costs and the actual cost paid. Such unexpected costs...
A forward contract that grants the seller the option to defer delivery to a specific date in the future rather...
A swap that comes into effect two business days from its trade date. The value date of a spot start...
The sensitivity of an option's price (premium) to changes in the spot market. The spot delta tells how many units...
A wrangle, i.e., a complex ratio spread in which a short position is taken in the two ratio spreads in...
A practice whereby an intermediary enters into one side of the swap transaction, such as a fixed rate payer (or...
A complex and versatile option trading strategy (basically an albatross spread) which involves selling one deep in-the-money option, buying one...
A credit derivative (originally a collateralized debt obligation) whereby the credit risk on a reference portfolio is transferred between the...
A credit derivative that is based on a credit spread as observed from market spread levels, for the purpose of...