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One Touch Single Barrier Call Warrant

A single barrier call warrant that pays its holder (the investor) either the minimum amount specified in the contract or...

Window Barrier Put Warrant

A barrier put warrant that is subject to a predefined window period during which if the barrier price is hit,...

Window Barrier Call Warrant

A barrier call warrant that is subject to a predefined window period during which if the barrier price is hit,...

TED Spread

The price spread that results when opposing transactions are entered into in T-bill futures (T) and Eurodollar futures (ED). For…

Treasury Linked Swap

Broadly speaking, a swap that is linked to the performance of treasury securities (T-bills, t-notes). Actually, however, the treasury-linked swap...

Tax-Exempt Swaption

An option on a municipal swap, such as BMA fixed/ floating swaps, in which the floating leg payments are based...

Turtle Trade

A ratio spread which is established in a given market and combined with a short or long position in an...

Tick Value

The value of a tick size movement in a derivative's price. In other words, it is the smallest "permitted" change...

Uncovered Warrant

An option (warrant) that is issued alone, i.e., without an accompanying bond (i.e., the host bond), and one that has...

Naked Warrant

An option (warrant) that is issued alone, i.e., without an accompanying bond (i.e., the host bond), and one that has...