A security that is linked to any index, such as a price index, a basket of currencies or assets, or…

A put ratio backspread which involves selling higher strike put options and buying a bigger number of lower strike puts…

A mechanism which is developed to automate the end-to-end processing of transacting in financial instruments, replacing the conventional T+3 trading…

The interest that is calculated only on the principal amount or on a portion of the principal that is still…

A debt that takes priority over other classes of debt such as unsecured or “junior” debt owed by the issuer.…

Also istisna’a in Arabic. It is a special kind of the contract of sale (bai’) in which the underlying commodity…

A real-time promotion which is initiated on the request of the client/customer. Such a promotion, in some jurisdictions like the…

A currency swap in which one side is a fixed rate currency and the other a floating rate payment (such…

An abbreviation for business-to-business which indicates an offline or online marketing activity involving the exchange of products, services, or information…

An option trading strategy which involves buying a far-month call (put) option and selling more than one near-month call (put)…