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Portfolio Income

The income that is generated by a paper asset, specifically from the performance (income and capital changes) of its underlying...

Legal Entity vs. Virtual Entity

Legal entity A legal entity is defined as a individual, group of persons, business or non-business construct that has legal...

Primary Instrument

An instrument (financial instrument) whose performance does not derive from value changes/ price movement of another instrument or an underlying...

MMI

MMI stands for money market instrument; a financial instrument representing a short-term financing vehicle which can be “relatively easily” converted...

Money Market Instrument

A financial instrument representing a short-term financing vehicle which can be “relatively easily” converted into cash. By nature such instruments...

Types of Money Market Instruments

A money market instrument is defined as a financial instrument representing a short-term financing vehicle which can be “relatively easily”...

IAB

An acronym for Islamic accepted bill; a bill of exchange which is drawn on or by a bank, payable at...

Classification of FX Risk

Foreign exchange risk (FX risk) is defined as the potential adverse effect arising from changes in the exchange rate between...

Types of FX Risk

Foreign exchange risk (FX risk) is defined as the potential adverse effect arising from changes in the exchange rate between...

Managerial Value at Risk

A type of value at risk (VaR) that represents a monetary estimate of risk using statistical techniques to figure out...