It stands for non-deliverable forward; a derivative instrument which is used for hedging the exchange rate risk associated with non-convertible...
An abbreviation for debt valuation adjustment (debit value adjustment). A type of cross valuation adjustment/ x-value adjustment (XVA) that takes...
It stands for credit support annex; a collateral arrangement the purpose of which is to mitigate counterparty risk in an...
It stands for contingent credit default swap; a credit default swap (CDS) which is “contingent” upon the setting-off of two...
A credit default swap (CDS) which is “contingent” upon the setting-off of two triggers. The first, as in an ordinary...
It stands for knock-out floater; a barrier floater in which the coupon is deactivated (knocked-out) if the reference interest rate...
An abbreviation for keep it simple, stupid!. The language of derivatives (such as delta, DV01, vega, gamma, notionals, vol-vol, fugit,...
It stands for power reverse dual currency swap, which is an exotic cross-currency swap whose maturity is typically long-dated, up...
It stands for callable bull/ bear contract; a type of structured product whose price movement is closely linked to the...
An acronym for cross-currency cross-index basis swap; A cross-currency swap in which one party pays a floating rate (LIBOR) denominated...