A derivative is a financial instrument or agreement/ contract whose value changes in reaction to the change in a specific...
An option is a derivative contract granting its owner (holder) the right, but not the obligation to buy (for a call option) or…
The price of a Eurodollar futures contract (ED) is quoted as 100.00 minus the interest rate for the contract period....
A derivative is a financial instrument whose performance, characteristics and value depend on (and so are derived from) the performance,...
A credit portfolio derivative is a credit derivative in which the underlying is a portfolio of credit names (credit portfolios)....
A forward rate agreement (FRA) is an effective tool to apply a preset interest rate (known as the FRA rate)...
A warrant is a security, issued by a company (such as a financial institution), giving the holder the right to...
For large unwinds (e.g. notional amount of $100 million or more), a swap transaction can be sliced up into several...
A credit default swap (CDS) or credit swap is defined as a swap entered into by two counterparties, a buyer...
A credit default swap (CDS) or credit swap is defined as a swap entered into by two counterparties, a buyer...