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Roll Down and Out

An option-related strategy that is based on the replacement of a position by closing out one option with a near-month...

Reverse Calendar Spread

An option or futures spread which reverses a regular calendar spread. That is, it is created by longing a near-month...

Running a Book

The act of managing a portfolio of a specific type of financial instrument/ product. For example, running a book of...

Risk Reversal

A hedge strategy that involves selling a call and purchasing a put to protect investors in commodity markets against unfavorable,...

Retail Price Index Swap

A swap which involves an exchange of interest calculated by reference to the Retail Prices Index (RPI) and another reference...

RIAR Swap

It stands for reverse index amortizing rate swap; an index amortizing swap (index amortizing rate swap) that is structured in...

Reverse Index Amortizing Rate Swap

An index amortizing swap (index amortizing rate swap) that is structured in a reversed way so that if the underlying...

RIP Swap

It stands for reverse indexed principal swap; a variant of interest rate swap which, contrary to indexed principal swaps, amortizes...

Reverse Indexed Principal Swap

A variant of interest rate swap which, contrary to indexed principal swaps, amortizes as interest rates fall. In other words,...

Retail Price Index-Linked Swap

A swap which involves an exchange of interest calculated by reference to the Retail Prices Index (RPI) and another reference...