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ITMF

It stands for in-the-money forward; a special case of an in-the-money option (ITM option) in which the spot price or...

CCB

It stands for countercyclical capital buffer; a precautionary risk management tool (part of the Basel III agreement) that is used...

CPO

It stands for contingent payment option or contingent premium option; an option contract for which no premium is paid upfront by the buyer...

IAS

It stands for indexed annuity swap; a CPI-linked swap where the floating leg is indexed to a consumer price index...

DD

It stands for distance to default; a measure of risk that is based on the probability distribution of the income...

DWR

It stands for directional way risk; the summation of right way risk (RWR) and wrong way risk (WWR); it represents...

DTD

It stands for distance to default; a measure of risk that is based on the probability distribution of the income...

CoC

A call option on a call option. It gives the holder the right, without the obligation, to purchase a call...

YEN

It stands for yield-enhanced note; a type of mandatory convertible preferred which is typically issued at a zero premium and...

ATN

It stands for alternative trading network; an electronic trading system that uses sophisticated algorithms to transmit orders in real time...