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HR

It stands for hedge ratio; the ratio of the value of long or short futures contracts to the value of...

POS

It stands for principal-only swap; a type of currency swaps which involves the exchange of principal between two currencies. In...

KVA

It stands for capital valuation adjustment; it is part of x-value adjustments (XVA). By definition, it captures the impact of...

SSF

It stands for single stock futures; a futures contract in which the underlying asset is one specific stock of a...

MVA

An abbreviation for margin valuation adjustment. It is a type of cross value adjustment/ x-value adjustment (XVA) that constitute the...

BPV

It stands for basis point value; a tool that is used to measure interest rate risk, especially that associated with...

CMS Floor

A non-standard interest rate floor in which the rate used is a swap rate with a constant maturity. For example,...

PAUG CDS

It also stands for pay-as-you-go CDS. A credit default swap (CDS) transaction which has as underlying a bond such as...

PAUG

It stands for pay-as-you-go swap; an inflation swap where the two counterparties exchange an inflation rate against a fixed rate...

CLCD

It stands for credit-linked certificate of deposit; a credit-linked hybrid that combines a deposit (certificate of deposit, CD) with a...