The local currency or accounting currency of an investor or a securities issuer. In forex, it is the first currency…
The price which a buyer is willing to pay to possess or take hold of an asset. The bid price…
An option strategy whereby a number of put options are bought at a certain exercise price and an equal number…
An option or futures spread whereby the number of contracts bought (or long) is not equal to the number of...
The process of changing the interest rate on the leg of a currency swap being paid by the end user...
The issuer of the debt that is "insured" by a credit derivative. In other words, it is the institution (known...
It stands for multi-name credit default swap; a credit default swap (CDS) in which the underlying reference is more than...
It stands for single-name credit default swap; a type of credit default swap (CDS) where there is only one reference...
A delta of an option is a measure reflects the change in its value in response to a unit change...
A portfolio (of assets) whose delta is zero, making it insensitive to small changes in the prices of its assets....