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IR01

An interest rate risk measure that captures sensitivity to changes in the interest rate yield curve (e.g. the LIBOR curve). It...

Dividend Yield

A ratio that relates the annual dividends from a common or preferred stock to the stock’s market price per share: Dividend yield = dividends...

Twin-Win Certificate

A structured product (structured certificate) that allows the holder a positive participation to the downside of the underlying stock or asset. It...

Repo Premium

Repo premium may hold different meanings depending on context. In general, it denotes the additional amount a bank in a...

Repo Specialness

The specialness of a repo (repurchase agreement). It is the difference between interest earned on a security posted as a...

Specialness

The difference between interest earned on a security posted as a loan's collateral and the prevailing interest rate for loan...

Redeemable At Par

A bond (or debt security) is redeemable at par when the holder has the right to receive its par value upon redemption or on maturity date....

Rights On

A stock trading with rights on entitles new buyers, rather than sellers, to receive rights that have been declared but not yet...

Redeemable Note

A note that gives the issuer the right to buy back (call or redeem) the note at a predetermined price...

Cum Rights

A stock trading with cum rights entitles new buyers, rather than sellers, to receive rights that have been declared but not yet...