Previously known as bookout, it refers to the closing out of a swap transaction, whereby the net debtor’s pays the…
Arabic (دين مشترك) for debt (dayn) that arises from one transaction or engagement whereby it is owed to two or…
A collateralized mortgage obligation (CMO) that pays an adjustable rate of interest that is tied to a reference interest rate.…
In electronic trading, consolidated display refers to the minimum information that must be put on public display (for traders and…
An option that allows the holder to specify a certain price level that caps his range of participation in spot…
Arabic (دين غير صØÙŠØ) for debt (dain) that may be waived in different means that are not confined to repayment…
A crossing network (CN) that is established and owned by a consortium- i.e., a number of partners, such as banks,…
Another name for a floating rate note (FRN); a medium to long-term debt obligation (note) that has its coupon rate…
Arabic (دين ثابت) for debt (dain) that is collectible- i.e., one whose repayment is comfortably certain. The creditor expects with…
An Asian option in which the average underlying price is computed over a subinterval of the trading period, rather than…
