A credit default swap (CDS) in which the swap premium payments, and/or the cashflows in the case of default, are not in the same currency,...

An American-style, non-standard option that has a perpetual life. In other words, it neither expires nor has an exercise limit. Since it...

It stands for time in force; an order that is time-bound: it comes with an instruction that limits the time...

A certificate of deposit (CD) that is issued or denominated in a foreign currency or a basket of foreign currencies (a currency/...

It is an acronym for London Interbank Offered Rate. It is an interbank rate which is used as a benchmark or...

An interest rate risk measure that captures sensitivity to changes in the interest rate yield curve (e.g. the LIBOR curve). It...

An interest rate risk measure that captures sensitivity to changes in the interest rate yield curve (e.g. the LIBOR curve). It...

It stands for credit-linked deposit; a credit-linked hybrid that combines a deposit with a credit default swap that the investor (depositor) sells to the deposit...

A form of volume-weighted average price (VWAP) that relates the dollar volume traded to the corresponding volume over the period of...

A form of volume-weighted average price (VWAP) in which all orders filled over the entire trading day are considered in the...