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FOREX

An abbreviation for "foreign exchange". It is a general term referring to trading activities and transactions that take place in...

FX Target Accrual Redemption Note

A target accrual redemption note (TARN) (basically, a long-dated FX product) which allows counterparties to link to floating-rate benchmarks in...

FX Target Redemption Note

A long-dated FX product which allows counterparties to link to floating-rate benchmarks in the funding currency. This target redemption note (TARN), as the...

Foreign Exchange Target Redemption Note

A long-dated FX product which allows counterparties to link to floating-rate benchmarks in the funding currency. This target redemption note (TARN), as the...

FX-TARN

An abbreviation for foreign exchange target redemption note (also termed: FX target accrual redemption note); a long-dated FX product which allows counterparties to link to...

Forward Surprise

The difference between the foreign exchange (FX) spot rate on the forward date and the FX forward rate. It can be calculated using...