A self-referenced credit derivative (a credit-linked note- CLN for short) which involves a firm (or an investor) selling protection on...

A credit default swap (CDS) in which the reference entity is not a third party. More specifically, the credit risk...

A short position in an option whereby the position holder has the right, but not the obligation, to trade an...

An arbitrage trading strategy that involves selling securities an investor doesn't own. The broker borrows the securities from another client...

A complex and neutral option trading strategy which constitutes a bullish view on volatility. This limited-profit, limited-risk strategy can be...

A neutral (risk-limited and reward-limited) option trading strategy which builds on the short butterfly strategy, and whereby a short butterfly...

An investment strategy designed to mitigate an existent risk. In this type of hedging, a security is usually short to...

It stands for swap notional principal amount; the nominal value that is used as a basis for calculation of swap...

The fixed and floating payments that are exchanged by the two counterparties to a swap. The fixed payment is made...

The nominal value that is used as a basis for calculation of swap payments over the swap term. Each counterparty's...