The interest rate at which a forward rate agreement (FRA) is traded. In other words, it is the agreed rate...

It stands for order imbalance; a situation that arises when an exchange adjusts its quotes in the opposite direction of...

A short form of wedding cake promissory note; a type of structured promissory note that has multiple double no touch barriers.…

A short form of range accrual promissory note; a type of structured promissory note that has the potential to increase the…

A broker who provides retail traders with direct access to FOREX markets via an electronic communication network (ECN). That is,...

It stands for buffered return enhanced note; a structured note that offers an enhanced return (upside participation) depending on the…

It stands for bond-over-stock warrant; an outperformance warrant in which the payout is determined based on the performance of a…

A credit linked note (CLN) whose redemption and coupon payments are linked to a single default event and also depend…

It stands for knock-in swaption. A barrier swaption in which protection exists or activates only if the swap rate crosses…

It stands for best estimate liability; an estimation of the liability value of a portfolio of insurance policies. It refers...