The danger of loss which is associated with an unexpected widening or narrowing in the basis between the time of...

The basis amount that results from adjusting the gross basis for net carry. Net carry is the actual coupon income...

The purchase of futures contracts as a hedge against a short position in futures or options whereby a trader is...

Going long the basis, or more specifically the purchase of a cash-market investment instrument such as cash bonds or index...

The difference between the synthetic credit risk premium (the price of credit risk quoted in a credit default swap) and the...

The difference between the synthetic credit risk premium (the price of credit risk quoted in a credit default swap) and the...

A basis point (bps) is 0.01 percentage point and equals $1,000 annually on a contract protecting $10 million of debt...

A basis point (bps) is 0.01 percentage point and equals $1,000 annually on a contract protecting $10 million of debt...

The parties to a contract (financial or non-financial), ultimately obligated by contractual terms, sign the contract in their own capacity,...

A methodology which is used by an exchange clearinghouse to calculate the number of outstanding futures contracts in order to...