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AESP

It stands for automatic execution suspension; with respect to an exchange trading and its control parameters/ curbs, it refers an...

DAC

It stands for deferred acquisition costs; with respect to an insurance contract, it is a measure of cost that constitutes...

GFA

An abbreviation for good for auction; an order qualifier (also known as GFA time in force) that is used to...

CMO

An abbreviation for collateralized mortgage obligation. A mortgage-backed bond where holding investors are divided into tranches (maturity classes) and principal…

OPG TIF

It stands for open price gap time in force; an order qualifier that is used to direct orders to the...

CSM

It stands for contractual service margin; the unearned profit that an insurance firm expects to earn from the services it...

MOO

It stands for market-on-open order; an order that is intended to be executed at the opening price in the first...

SUPER

It stands for structured upside participating equity receipt, which is an equity-linked note whereby an investor can participate in the…

GWWO

It stands for goodwill write-off; Goodwill is an asset (intangible asset) whose value is reflected in the amount by which...

PWD

It stands for principal write-down; a write down of the principal of a contingent convertible bond (CoCo bond) upon occurrence...