An option contract that has a later expiration date than a contract that is presently being devised or considered. For…

A structured product/ instrument that is modeled on a conventional equity-linked note(ELN). The conventional one provides investors with a fixed…

The spontaneous purchase and sale of two identical amounts in two different currencies with two different value dates. Differently stated,…

A general term that may refer to either a dirty shell or a messy shell. Broadly speaking, unclean shells are…

Certificates of equal value (sukuk) that are issued for the purpose of mobilizing funds to be used in the production…

The purchase of one option and the sale of a different-type option with a different strike price. In other words,…

A technique that is used in reverse mergers in fund raising. More specifically, an operating company combining with a shell…

In essence, fintech/ FinTech refers to the use of financial technology (such as smart phones and devices for online payment,…

A currency market tool, similar to an option, which is used principally to avail of a move in the underlying…

A shell company that has no liabilities or other claims against it as perceived by an operating business contemplating merging…