A sequential series of same-type options that is basically designed to cover non-overlapping time periods, for one purpose or another.…

A tactic that is used in futures and options trading to create tax benefits. By definition, it is a combination...

An option that is established by trading the underlying. An example is an energy option in which the rate of…

A futures contract in which the underlying is a treasury bond. This contract is mainly used by investors seeking to…

It stands for tranched portfolio default swap; a variation of collateralized debt obligations (CDOs) in which the exposure to the...

The price spread that results when opposing transactions are entered into in T-bill futures (T) and Eurodollar futures (ED). For…

Broadly speaking, a swap that is linked to the performance of treasury securities (T-bills, t-notes). Actually, however, the treasury-linked swap...

An option on a municipal swap, such as BMA fixed/ floating swaps, in which the floating leg payments are based...

A ratio spread which is established in a given market and combined with a short or long position in an...

The value of a tick size movement in a derivative's price. In other words, it is the smallest "permitted" change...