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PWD CoCo

It stands for principal write-down contingent convertible (CoCo); a contingent convertible in which the principal is written down (as a...

Sat

An abbreviation for satoshi; the smallest unit of the bitcoin. A satoshi (lowercase first letter) is the smallest denomination of...

Cash-Settled IPU

An index participation unit which constitutes a basket product whose components are not supported by physical securities. That means this…

ISO

It stands for intermarket sweep order; a type of sweep orders, specifically a limit order, that automatically fills in a...

PNP Order

It stands for post no preference order; an order that is eligible to interact exclusively with interest on the same...

CET1 Trigger

A trigger that marks the situation when and where the common equity tier 1 ratio (CET1) of a bank or...

CoCo Trigger

It stands for contingent convertible trigger, a trigger in a contingent convertible (CoCo) the breach of which forces a CoCo...

LFL

It stands for like for like; in retail business, it refers to a comparison between two activities, results, indicators, etc.,...

Xccy Swap

A currency swap in which one side is a fixed rate currency and the other a floating rate payment (such…

B2B

An abbreviation for business-to-business which indicates an offline or online marketing activity involving the exchange of products, services, or information…