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BA Swap

It stands for banker's acceptance swap; an interest rate swap in which a banker’s acceptance rate is the floating rate....

Macro Swap

A swap that ties the floating rate leg to a macroeconomic variable or reference index such as the growth rate...

Zero-Coupon Currency Swap

A swap (coupon-currency swap) that combines a spot foreign exchange with an offsetting long-term currency forward exchange transaction (FXA). With...

Synthetic Swap Spread

A swap spread that is created synthetically by buying (selling) on-the-run Treasuries (cash) and selling (buying) the DV01 equivalent of...

Put-Write

One of the most popular and basic option strategies (also a short put) in which an inherently bullish investor attempts...

Short Put

One of the most popular and basic option strategies in which an inherently bullish investor attempts to capitalize on the...

Collateralized Put-Write

An options trading strategy that involves short positions in put options and the use of the underlying stock (or asset)...

Volatility Swap Cap

A cap which is placed on the payment of one or both counterparties to a volatility swap. This cap usually...

First-To-Default Basket Default Swap

A basket default swap in which a payment by the protection seller to the protection buyer is triggered by the...

Wall Option

A variation on corridor option in which the accrual corridor is one-sided. That suggests the other side or boundary of...