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CPW

It stands for collateralized put-write; an options trading strategy that involves short positions in put options and the use of…

IMM Futures Rate

The interest rate on international money market futures (IMM futures). It is a money market rate that used as underlying...

CB Option

It stands for convertible bond option; an option that gives the holder of a convertible bond for shares of common…

Synthetic PERCS

Another term or a synthetic high income equity-linked security (SHIELDS); a structured equity-linked note (ELN) that is issued not by...

CB Asset Swap

It stands for convetible bond asset swap; an asset swap whose underlying is a convertible bond. In terms of composition,…

PT Two-Asset Option

A two-asset option that has a predetermined time window (monitoring period) during which one of two underlying assets is observed…

EVRN

It stands for exchangeable variable rate note; a variable rate note (floating rate note) that pays a floating coupon after…

NGW

It stands for negative goodwill; a situation that occurs when an entity acquires another or its assets (business combinations) for...

ASAM

It stands for automated search and match; an automated system that is used at the New York Stock Exchange (NYSE)…

CEY 

It stands for coupon equivalent yield; the rate of return which is quoted on bonds on the basis of simple…