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...