It stands for initial margin; the cash (broadly, monetary assets) which a futures trader has to deposit in a margin...

It stands for variation margin; the extra money which is required to top off the balance in a margin account...

An option to sell or buy an ETF before a certain date at a set price. Unlike other types of…

It stands for early exercise premium; the difference between the premium (option price) of an American option and that of...

An interest rate swap (IRS) whose maturity doesn’t exceed 2 years. A short-term interest rate swap (STIRS) involves the settlement…

An abbreviation for collateralized mortgage obligation. A mortgage-backed bond where holding investors are divided into tranches (maturity classes) and principal…

It stands for structured upside participating equity receipt, which is an equity-linked note whereby an investor can participate in the…

An index participation unit which constitutes a basket product whose components are not supported by physical securities. That means this…

A currency swap in which one side is a fixed rate currency and the other a floating rate payment (such…

It stands for constant maturity credit default swap. It is a credit default swap that provides a hedge against default…