A derivative that requires the out-of-the-money counterparty (the counterparty holding the out-of-the-money position) to periodically transfer an amount of variation...

An equity index futures that is traded on a regulated futures exchange. More specifically, it is a standardized futures contract…

A clause in an option contract providing that the contract will be exercised automatically by the clearing firm at expiration...

A margin which is posted by a member of a clearinghouse (in a process called clearing) so as to ensure...

The processes undertaken by a specialized corporation, called a clearinghouse, in order to facilitate securities transactions. That includes: validation, delivery...

A firm that undertakes guaranteeing the performance and contractual fulfillment of the parties to the transactions of exchange-traded derivatives (ET...

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