An agreement where one party pays the other a fixed spread (a number of basis points) between the nearby, expiring...
The interchangeability which characterizes a futures contract. More precisely, futures contracts for the same commodity and delivery month and which...
It stands for Eurodollar futures; a futures contract on a Eurodollar interest rate such as the 3-month (90-day) Eurodollar interest...
A futures contract on a Eurodollar interest rate such as the 3-month (90-day) Eurodollar interest rate. In the US markets,...
It is a type of cross value adjustment/ x-value adjustment (XVA) that constitute the part of cost relating to initial...
With respect to buying on margin, it is the money put up in a margin account to partially finance the...
Cash and marketable securities an investor deposits with a broker to guarantee that the former will honor or keep up...
The processes undertaken by a specialized corporation, called a clearinghouse, in order to facilitate securities transactions. That includes: validation, delivery...
An adjustment that is made to the number of futures contracts used in hedging a position in order to accommodate...
A payoff (of a specific derivative instrument) whose value changes continuously and proportionally up or down in response to movements...