Opposite of buying outright, in simple terms, it is borrowing to buy stocks. More specifically, it is buying stocks using...

A zero-cost cross-currency swap which is subject to three ranges as to the movement of its underlying exchange rate. The...

A combination of two swaps, namely two cross-currency swaps or two interest rate swaps for the purpose of effectively extending...

A carry trade in which an investor expresses a notional neutral curve switch. This carry is expressed in basis points...

A roll-down in which an investor expresses a notional neutral curve switch. This carry is expressed in basis points upfront...

A measure of basis points as absolute spread or return. For example, if the expected carry for a swap (carry...

An option combination that constitutes a long position in both a call and a put which have the same expiration...

A portfolio default swap whose exact composition of obligors is not disclosed to the protection seller (in a credit derivative...

It is the difference between the spot price of an asset and the futures price (of the asset underlying the...

A measure of basis points as relative spread or return that would make the carry disappear. In other words, it...