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

In the US, an interest rate swap in which the floating rate leg is referenced to the Cost of Funds…

A convention for calculating yield on a debt security (T-bill, bond, note, etc) that assumes settlement of trade is made…

A constant maturity credit default swap (CMCDS) in which the rate is capped at a specific level. This swap combines…

A bullet that pays no principal prior to a specified “targeted maturity date”. Thereafter, it pays monthly if the target…

A KIKO option that enables currency traders to sell a specific currency at a fixed exchange rate against another currency…

An interest payment (coupon) that covers a shorter period than the other coupons on a bond. For example, in a…

A neutral option strategy (broadly a short butterfly) that is based on three legs involving selling a low strike call,…

A bullet security that pays no principal prior to a specified “targeted maturity date”. Thereafter, it pays monthly if the…

A floating-strike lookback option in which the lookback period starts at inception (contracting date/ trading date or the date the…