Abbreviation for spread-adjusted note; a debt instrument that bears a base rate fixed or linked to a sovereign rate (Treasury…

In futures and option contracts, it refers to the amount or units of an asset to be delivered as dictated…

A kafalah agreement that becomes effective upon occurrence of some future event. The guarantor (kafeel) will not provide kafalah coverage…

A zero-recovery swap in which one counterparty receives a weaker currency and pays a stronger currency while the other counterparty…

It stands for the Arabic term arbun/arboon/urboun (عربون). It is the amount of money which is paid by a potential…

A filing with the securities and exchange authority (the SEC), usually on Form 8-K, which gives specifics about an event…

An options strategy that involves buying a call (long call) and a put (long put) with the same exercise price…

An agreement that was signed, in 1792, by 25 New York stockbrokers and merchants to establish an investment community that…

In the realm of options,  a butterfly is a vanilla option trading strategy which combines an out-of-the-money strangle with an…

A sell-side trader who sells exchange services to buy-side firms (such as investment managers and institutional investors) in return for…