A trader who aims to execute a quick transaction for small profits by trading frequently for small moves instead of…

A hedging tool that combines an interest rate swap with a participating cap or a participating floor. This structure provides both…

An exchange-traded fund (ETF) that replicates and tracks the Standard & Poor’s (S&P) index. As such, this ETF allows investors…

A neutral option strategy (in essence, it is a short straddle strategy) that is based on two legs involving selling…

A step-up callable bond whose initial coupon is well above market rates (for vanilla bonds) and which allows more than…

An option trading strategy that combines a bull call spread with a bear put spread. It could also be constructed…

A structured note that allows the issuer to call or redeem it at its own discretion on specified dates along…

An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly…

An abbreviation for liquid yield option note; a form of zero-coupon convertible bond (convertible zero-coupon bond) that was introduced by Merrill…

A type of first loss credit default swaps (FLCDS) or tranche loss credit default swaps (TLCDS) in which the reference asset…