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FTD Credit Swap

It stands for first-to-default credit swap; a credit swap (a first-to-default credit derivative, FTD credit derivative) in which the credit...

NTD Swap

It stands for nth-to-default swap; a credit default swap (CDS) whereby the protection buyer makes a payment to the protection...

Relative Performance TRS

It stands for relative performance total return swap; a swap in which one counterparty makes a fixed payment to the...

RRS

It stands for relative return swap; an asset swap which pays at a series of pre-determined dates (fixings) the relative...

Relative Return Swap

An asset swap which pays at a series of pre-determined dates (fixings) the relative performance observed between the current underlying...

Relative Performance Total Return Swap

A swap in which one counterparty makes a fixed payment to the other counterparty against a floating spread that corresponds...

ARS

It stands for absolute return swap; an asset swap in which the payoff is made at a set of prespecified...

Relative Performance Swap

An equity swap in which one leg is the performance of an equity index and the other leg is the...

Mark-to-Market Swap

Marking a swap to market is a technique for valuing it using current market prices. This is done in order...

Index Price-Weighted Variance Swap

A variance swap in which the buyer (the long) receives, at maturity, the realized daily variance of the reference underlying...