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A statistical expression or function that determines the probabilities of occurrence of different possible outcomes for a continuous random variable,...

FFS

It stands for fully funded swap; a swap in which the investor "fully" pays an upfront amount (funding) in return...

FUT CMP

It stands for futures current market price (CMP); the price at which the underlying asset is being traded (bought or...

DSF

It stands for deliverable swap futures; a swap futures in which the underlying (rate or asset) is delivered at maturity...

OTC IRS

An interest rate swap (IRS) that entails the exchange of a fixed rate of interest on a certain notional amount for...

STM IRS

A settled-to-market (STM) derivative under which the payments for outstanding marked-to-market (MTM) of the swap (interest rate swap, IRS) will...

IM

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

VM

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

EEP

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

CMO

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