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HVaR

It stands for historical value at risk (historical VaR); a method of calculating value-at-risk (VaR) that is based on historical...

TVM

It stands for time value of money; in principle, time, per se, has no economic value. However, time has value...

FXA

It stands for forward exchange agreement; a contract that involves a foreign currency transaction and entails the payment, at maturity,...

APS

An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly...

SOR

It stands for smart order router; a coding mechanism that slices a trading order according to the rules set out...

IR

It stands for integrated reporting or integrated report; a type of comprehensive reporting that provides material information about an entity's...

PSIA

It stands for profit-sharing investment account; an investment account with an Islamic financial institution (IFI) (or broadly, a portfolio or...

LDFRA

It stands for long-dated forward rate agreement; a forward rate agreement (FRA) where the  is more than one year in...

HYIP

An abbreviation for high yield investment program which is essentially a Ponzi scheme by which original "investors" (instigators of the...

DKI

It stands for double knock-in (double knock-in option); a double barrier option which has two barriers with respect to the...