An abbreviation for short-term interest rate contract. STIR contracts may take the form STIR futures, STIR option, STIR swap, etc.…

A sell-side trader who sells exchange services to buy-side firms (such as investment managers and institutional investors) in return for…

A type of capped floored FRN in which the capped coupon varies over the life of the note/ bond. An…

A callable swap that can be cancelled only on a single pre-determined date in the future. This swap gives the…

An institutional investor that invests money at its disposal. Examples include mutual funds, pension funds, endowments, trusts, insurers, hedge funds,…

A modified version of the chooser flexible cap in which the total cap notional amount that may be exercised over the…

A trader who buys exchange services from a sell-side trader (s). Examples of buy-side traders are individual investors and institutional…

The price value of a basis point of a bond is a measure of the bond price volatility to interest…

An option trading strategy in which a near-month straddle is sold, and a far-month straddle is bought at the same…

A put calendar spread that involves selling far-month put (short put) and buying near-month put (long put) of the same…