A zero coupon swap (ZC swap) in which payments are reversed. That is the zero coupon payment is made at…
A foreign bond that is publicly floated in Japan and denominated in currency other than yen (hence it is called…
A loss that results from a security making a sudden reversal immediately after a position is taken. The whipping action…
A calendar put spread that involves selling a far-month put and buying a near-month put of the same strike price.…
A list that is maintained by a specialist in order to track unfilled buy and sell orders. A specialist can…
A calendar call spread that involves selling a far-month call and buying a near-month call of the same strike price.…
An ownership that is enjoyed by having a stake in a publicly-traded company (in the form of securities) or having…
A gut spread that is established by combining short in-the-money calls and short in-the-money puts, with all options having the…
An agreement that was signed, in 1792, by 25 New York stockbrokers and merchants to establish an investment community that…
An interest rate swap in which the principal increases according to a predetermined schedule. This type of swap might be…
