An option in which a predetermined exchange rate is applied to convert the final settlement value of the option into…

Literally, khulu is Arabic for vacancy or emptiness (as in a vacant or empty place). Technically, khulu is usually associated…

It stands for gas-at-the-pump futures. It is a futures contract in which the underlying is the retail price of gasoline.…

An Islamic finance treasury arrangement that an Islamic bank and a counterparty enter into for the purpose of foreign exchange…

An option trading strategy which is established by selling/ buying in-the-money calls and puts. All the options involved have the…

An optional provision in a credit default swap agreement which allows a grace period to a potential credit event in order…

A common option cycle which constitutes a series of option contracts that have the same terms and features and expire…

The trader who takes a short position in futures, i.e., he/she will sell the underlying commodity of a futures contract,…

The trader who takes a long position in futures, i.e., he/she will buy the underlying commodity of a futures contract,…

A type of commercial paper that constitutes a certificate whereby the issuer promises to pay a specific amount of money…