An interest rate swap in which a fixed rate is exchanged into a low, off-market floating rate linked to a…

A capped call whose payoff is received instantaneously by the option holder. The payoff is a cash amount equal to…

An average rate option or average rate forward contract which is traded in currency markets, where its underlying rate is…

The ability to offset derivative contracts with positive and negative values (the so called receivables and payables exposure) to figure…

An index which consists of futures contracts on a small set of stocks related to a specific sector (such as…

A swap rate is the fixed rate that the fixed rate payer, in a swap agreement, makes to the floating-rate…

A price swap contract whereby a natural gas producer sells its gas under a gas sales contract that pays a…

It stands for municipal option put security; a municipal fixed income security (e.g., a municipal bond) that comes with a detachable…

aa municipal derivative which constitutes a municipal note embedded with a derivative such as a swap, cap, option, etc. By…

An option in which the floor level is based on the last rate set for the underlying floating rate (LIBOR)....