An abbreviation for non-equity option; an option that is written on foreign currencies, bonds, and other debt issues, commodities, metals…
The price differential between ten-year Treasury note futures and Treasury bond futures. Realizing profits from taking a view on this…
An FRN that is embedded with caps or collars (caps and floors) so that the floating rate movement (adjustment) is…
It stands for contra midpoint only; a non-displayed order type that is priced at the midpoint between the best bid...
A form of financing that has the characteristics of both debt and equity, and hence appears as a distinct element...
An instrument that possesses and exhibits the features of quasi-equity (QE)- that is, the features (certain features) of both equity...
It stands for gas-at-the-pump futures. It is a futures contract in which the underlying is the retail price of gasoline.…
A common option cycle which constitutes a series of option contracts that have the same terms and features and expire…
A passive liquidity order (PL order/ PLO) that is, once entered, it will not interact with an incoming order that...
It stands for passive liquidity select order; a passive liquidity order (PL order/ PLO) that is, once entered, it will...