An abbreviation for short-term interest rate contract. STIR contracts may take the form STIR futures, STIR option, STIR swap, etc.…
A type of capped floored FRN in which the capped coupon varies over the life of the note/ bond. An…
It is an acronym for credit option on Brady bonds. By definition, it is an option whose underlying is the...
It stands for recovery lock CDS; a credit default swap (CDS) entails the exchange of a floating recovery amount for…
An abbreviation for short-term interest rate futures. It is an interest rate futures contract in which the underlying is typically...
A short sale against the box (SATB) of a stock is a trade in which the seller actually owns the…
An abbreviation for inflation-indexed cap; an inflation derivative that pays out if inflation (as measured by percentage increase in the…
A standardized, exchange-traded futures contract to buy or sell a money market security at a set price on a particular…
It stands for immediate historical volatility; the volatility value which is realized during the period immediately preceding the date of…
An acronym for short-term interest rate swap. By definition, it is an interest rate swap (IRS) whose maturity doesn't exceed...