A method of swap starting in which swap dealers require that the swap begin not two business days but rather…
A crowdfunding which involves investing in an early-stage unlisted company in return for equity, i.e., shares in that company. Investors-cum-shareholders…
It stands for cross index basis swap; a swap to whose underlying interest rate index (usually LIBOR) the so-called quantization…
A variant of barrier reverse convertible (BRC)- a structured product– that pays a guaranteed coupon over the specified term or…
A barrier option in which the right to exercise activates or becomes active if the actual spot price of the…
In the context of bonds (specifically bond indentures), this refers to a term providing for a premium to par value…
The process whreby a portfolio manager buys credit protection on one reference asset or pool of assets, and simultaneously sells protection…
The quoted price of a convertible bond which is normally expressed as a percentage of the bond’s nominal value (par…
An option contract in which the underlying’s market price is very near to the strike price. For example, a call…
A mode of trading (mutajarah) which involves the exchange of one asset for another without resorting to a medium of…