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RONE

It stands for return on normative equity; a version of return on equity (ROE) in which normative equity is used...

Short Term IRS

An interest rate swap (IRS) whose maturity doesn’t exceed 2 years. A short-term interest rate swap (STIRS) involves the settlement…

RAROC

It stands for risk-adjusted return on capital; it is a uniform measure of risk-adjusted profitability that relates a specific formula...

GTT

An abbreviation for good till time; an order qualifier (specifically, time in force, TIF) whereby an order that is set...

GFA

Gross financial assets (GFAs) (total financial assets) are the sum of net financial assets (NFAs) and financial liabilities of an...

AESP

It stands for automatic execution suspension; with respect to an exchange trading and its control parameters/ curbs, it refers an...

DAC

It stands for deferred acquisition costs; with respect to an insurance contract, it is a measure of cost that constitutes...

GFA

An abbreviation for good for auction; an order qualifier (also known as GFA time in force) that is used to...

CMO

An abbreviation for collateralized mortgage obligation. A mortgage-backed bond where holding investors are divided into tranches (maturity classes) and principal…

OPG TIF

It stands for open price gap time in force; an order qualifier that is used to direct orders to the...