The capital of a bank or financial institution that consists of paid-in capital, capital reserve, surplus reverse, general reserve, undistributed...
It stands for geometric Brownian motion; a process that reflects the time-evolution of an asset price. It is a stochastic...
It stands for currency-protected swap. A cross currency basis swap which doesn’t involve currency conversion. For example, assume short-term interest…
The interest rate at which a forward rate agreement (FRA) is traded. In other words, it is the agreed rate...
It stands for order imbalance; a situation that arises when an exchange adjusts its quotes in the opposite direction of...
A short form of wedding cake promissory note; a type of structured promissory note that has multiple double no touch barriers.…
A short form of range accrual promissory note; a type of structured promissory note that has the potential to increase the…
A broker who provides retail traders with direct access to FOREX markets via an electronic communication network (ECN). That is,...
It stands for buffered return enhanced note; a structured note that offers an enhanced return (upside participation) depending on the…
It stands for bond-over-stock warrant; an outperformance warrant in which the payout is determined based on the performance of a…