An option-related strategy that is based on the replacement of a position by closing out one option with a near-month…

An option (latent option) that gives the issuer of a convertible bond or convertible preferred stock the right to redeem…

A derivative whose underlying is the freight price/rate in the shipping markets (such as the container ship markets). Shipping derivatives...

A leveraged super senior tranche (a synthetic collateralized tranche) that is associated with a loss trigger. More specifically, it involves...

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

A bond that pays small coupons over its life, but requires a large payment of principal at maturity. This bond, therefore, allows…

An equity derivative that constitutes a longer-maturity foreign currency option designed to mirror changes in the value of a given...

A written document that evidences ownership interest in a company. A certificate is not the actual stock, but rather a…

It refers to consistent FX points pricing spread which is the basis for the interbank market functioning. This pricing ensures...

The name of a brokerage firm which buys stock on behalf of a client (and as a result holds the…