It stands for relative marginal value at risk; a measure of risk (value at risk, VaR) [specifically, marginal value at...

It stands for name give-up; a practice where the identities of market participants (traders) are disclosed during post-trade processing (after...

An abbreviation for total return swap; a type of credit derivative in which the two counterparties agree to exchange the...

It stands for reduced tick spread; an interest rate futures calendar spread which involves buying near-month futures and selling far-month...

It stands for long-term structured note; a structured note whose maturity typically exceeds one year (though at times, it is...

It stands for short-term structured note; a structured note whose maturity does not typically exceed 9-12 months (though at times,...

It stands for effective spread over quoted spread; the ratio of the effective spread (share-weighted average of the execution price...

It stands for queue jumping; a practice by specific traders on an exchange who exploit sub-penny venues (SPVs) to post...

An acronym for sub-penny trading; a trading practice where brokers and dealers post orders in dark (invisible) venues and unregulated...

It stands for reverse stress testing; a stress testing that is conducted "reversely". While stress testing is a forward-looking technique...