An option contract that grants the holder the right, without the obligation, to buy or sell a money market futures...

It stands for net realizable value; the amount of cash that is expected to be received from the sale of...

Colloquial for rollover CD; a short-term certificate of deposit (CD), usually with a 6-month maturity, where the issuer reissues or...

It stands for Eurodollar futures; a futures contract on a Eurodollar interest rate such as the 3-month (90-day) Eurodollar interest...

It stands for Eurodollar option; a money market futures option which is based on Eurodollar futures. It is among most...

A derivative instrument which is traded and privately negotiated in over-the-counter markets, i.e. directly between the two parties involved, without...

It stands for exchange-traded derivative; a derivative instrument that is traded via organized derivatives exchanges, i.e. where traders buy and...

A collared FRN in which the caplet/ floorlet strikes increase at particular intervals/ increments (and hence the ratchet feature). The...

An abbreviation for odd-lot trading ratio; the average daily odd-lot trading divided by total market volume for the day. In...

An at-the-money option, that is, an option which has a strike price equivalent or approximately equal to the underlying asset's...