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CTS

It stands for conditional trigger swap; a trigger swap (a hybrid derivative/ hybrid product) that capitalizes on a combined performance...

Spread RAN

It stands for spread range accrual note; a range note in which the coupon depends on the spread between the...

RKI Call

It stands for reverse knock-in call; a reverse knock-in option (RKI option) that becomes in the money (ITM) once the...

Call RKI

It stands for call reverse knock-in; a reverse knock-in option (RKI option) that becomes in the money (ITM) once the...

Put RKI

It stands for put reverse knock-in; a reverse knock-in option (RKI option) that becomes in the money (ITM) once the...

RKI Put

A reverse knock-in option (RKI option) that becomes in the money (ITM) once the defined barrier (for a put option,...

ETO

It stands for exchange-traded option; an option (exchange-traded derivative) that trades on organized and regulated exchanges, as opposed to options...

ILS

It stands for index-linked security; a note (debt security/ debt instrument) in which the return (coupon payments) and/ or redemption...

OTM Put

It stands for out-of-the-money put; a put option with a strike price being below the combined amount of its underlying’s...

KO Swap

An interest rate swap with an additional feature of a knock-out (KO) barrier. In other words, a knock-out swap terminates...