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MQS

It stands for minimum quote size; on the London Stock Exchange (LSE), it refers to the minimum number of shares...

PERCS

An acronym for preferred equity redemption cumulative stock. By definition, it is an equity derivative (specifically an equity buy-write structure)...

CF

It stands for conceptual framework; a collection of fundamental concepts for general purpose financial reporting that is developed and used...

TFO

It stands for true and fair override; a provision/ condition (embedded in accounting standards) that calls for departure from the...

CCP

It stands for central counterparty; a financial institution that assumes counterparty credit risk between parties to a transaction- that is,...

NFR

It stands for non-financial risk; all of the risks which are not part of the broad universe of financial risks...

TRIS

A combination of an index swap with a total return swap (TRS) whereby one counterparty agrees to exchange the total...

CMS TRIS

A total return index swap (TRIS) where one leg is based on a CMS return index and the other is...

CAPS Option

It stands for capped index options which are exchange-traded options with a European exercise in which a maximum level is...

IVaR

It stands for incremental value at risk; a measure of risk (value at risk, or VaR, for short) that captures...