An interest rate swap that enables the client to pay a rate that is lower than that of a vanilla swap in return for...

The creation of a new swap agreement, while simultaneously canceling the original or old one. This may take place if the terms...

The lifetime of a swap at the end of which parties to the swap no longer pay obligations since it ceases to...

The lifetime of a swap at the end of which parties to the swap no longer pay obligations since it ceases to...

A swap dollar value of one basis point (0.01%). It refers to the change in the present value of a swap in response to...

A shark forward (a structured forward contract) that is used for fixing a forward price, while providing exposure to a spot movement...

In essence, delta is a measure of how long or short the holder of an option position is in terms...

A shark forward that is used for fixing a forward price, while providing exposure to a spot movement in the underlying. This position...

A forward contract that allows firms to fix a forward price while benefiting from a predicted spot movement. It establishes a certain...

A quanto spread that is constructed using two forward rates. It is mainly used to hedge quanto risk in the interdealer market. This spread can be...