An exchange or board of trade that is registered with Commodity Futures Trading Commission (CFTC) (in the U.S) and is…

A financial derivative whose payoff depends on the spread between two swap rates of different maturities (e.g., the 10-year swap…

A protected note that provides full capital protection to the holder, but the performances over the cliquet intervals are taken…

An abbreviation for close-to-the-money option; an option contract in which the underlying’s market price is very near to the strike…

A hybrid security that combines features of a general obligation bond and a revenue bond. This bond’s obligation is payable…

The time on an option‘s expiration date after which the option no longer exists. It is at this time that…

A type of convertible debt in which the right to receive principal and/or interest is convertible at the discretion of…

It stands for collateralized put-write; an options trading strategy that involves short positions in put options and the use of…

The compounding of interest earned or paid on an interest-bearing instrument (e.g., bond, deposit, etc), or generally any type of…

It stands for convertible bond option; an option that gives the holder of a convertible bond for shares of common…