A trading algorithm (algo) that targets the closing price, and hence the name “market-on-close (MOC) algo”. This algorithm allows electronic traders to capture the last...

It stands for marking to market; the practice which is used to revalue a financial instrument, in general. In the...

It stands for marking to market; the practice which is used to revalue a financial instrument, in general. In the...

It stands for fair value through other comprehensive income; the gains/ losses resulting from assets measured at fair value due...

It stands for fair value through other comprehensive income; the gains/ losses resulting from assets measured at fair value due...

An interest rate swap in which one party pays a fixed interest rate and receives floating-rate interest payments based on the...

A Bond Market Association (BMA) swap is an interest rate swap in which one party pays a fixed interest rate and receives...

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...

It stands for investment risk reserve; a reserve that is created by an Islamic bank by appropriating a specific amount out of...

It stands for arm's length principle; a market standard that assumes a normal transaction to be one which is entered...