It stands for credit risk spread; a measure of credit default swap (CDS) value sensitivity. It measures the credit sensitivity...

A swap which involves an exchange of interest calculated by reference to the Retail Prices Index (RPI) and another reference...

It stands for near the money; the state in which options or option positions, whose market prices are very near...

It stands for buy-write strategy; an options trading strategy whereby an investor buys a share of stock or a basket...

A barrier floor whereby protection (floor rate mechanism) ceases to exist or deactivates (i.e., knocks out) only if the floating...

A shortcut for basket credit event binary option. By definition, it is a cash-settled call option whose underlying is a...

The expected future values of the Bond Market Association (BMA) index, where expectations are taken in the corresponding forward probability...

It stands for equity default swap; a hybrid of an equity derivative and a credit derivative which has identically the...

It stands for minimum variance hedge ratio; a mathematical tool for determination of the optimal cross hedging ratio. This means...

It stands for forward rate agreement which is an over-the-counter agreement to apply a certain interest rate to either lending...