A preferred stock whose dividend is reset at specified periods based, for example, on the maximum of a set of...
A bond (floater) with a coupon that depends on two different floating-rate indexes. Typically, this bond pays an above-market fixed-rate...
An exchange-traded fund (ETF) that faithfully tracks the performance of a market index without leverage (gearing). In other words, if...
The sensitivity of a convertible’s price to changes in parity value. More specifically, it measures the equity sensitivity of the...
An exchange-traded fund (ETF) that faithfully tracks the performance of a market index without leverage (gearing). In other words, if...
A financial product (derivative) that tracks the performance of an underlying asset on a one-to-one basis. In other words, if...
A barrier note that provides the holder with a return linked to the performance of one underlying or more with...
An interest bearing note which pays interest only if the underlying short term rate lies within a predefined range (upper...
An accrual note which pays a fixed coupon on a daily accrual basis if the daily floating rate (LIBOR) fixing...
A standard, two-party repo (classic repo) where the party receiving cash (borrower) delivers securities to the cash provider (lender). In...