It stands for non-controlling interest; a stake in an entity that constitutes less than 50% of the total shares that...

Mid-swap (MS) is the average of bid and ask swap rates used as a benchmark for calculating total interest rate...

It stands for current replacement cost; the amount that is required to replace an existing (active) swap in the event a...

It stands for specific collateral rate; a repo rate that corresponds to specific collateral such as Treasury securities that are...

A repo agreement in which a special collateral (SC) is posted by the borrower as requested by the lender, who...

It stands for special collateral; a specifically determined and specified collateral in a repo transaction. In this transaction, the underlying...

It stands for general collateral; broadly, it is a category of collateralized securities (known as eligible collateral) with identical credit...

An abbreviation for general collateral repo; a repo agreement in which the lender of cash accepts any securities that are not special...

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...