A piece or chunk of a large swap (one with a large notional amount) that is transacted with one swap...
By convention, the floating rate of a swap is quoted flat without basis point adjustments; e.g., LIBOR flat. The fixed...
The floating rate payer, or a party to an interest rate swap who makes, to a fixed rate payer, variable...
A shari'a-compliant adaptation of the conventional cross-currency swap. This structure applies the mode of tawarruq (Islamic monetization or tripartite resale)....
An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly...
The cancellation of a swap or an over-the-counter derivative contract which takes place before maturity. A party to a derivative...
An interest rate swap that is entered into today, but it will come into effect at some agreed-upon future date....
A commodity swap in which the floating rate payment depends on the underlying price of a given commodity falling within...
A floating-rate note (FRN) in which the periodic coupon depends on the performance of some embedded option with an underlying...
It stands for quanto equity swap; a swap that pays the return on a foreign equity investment (like a share...