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ZEPO

A zero exercise price option which is a cash-settled European call option whose exercise price is zero or very close...

CATS

An acronym for certificates of accrual on Treasury securities. This trademark derivative instrument is based on the separation of the...

ATOM

It stands for agricultural trade option merchant; any person who undertakes soliciting or entering option transactions involving an enumerated agricultural...

TRORS

It stands for total rate of return swap. A credit derivative in which the total return on a reference obligation...

ATO

It stands for agricultural trade option; an OTC commodity option that is traded by producers or users of the underlying...

RV

It stands for realized variance or realized volatility; a realized variance a measure of rate/ price variability associated with the...

CDO-2

A collateralized debt obligation (CDO) that is backed by other collateralized debt obligations. Differently stated, it is an asset-backed security...

ITMF

It stands for in-the-money forward; a special case of an in-the-money option (ITM option) in which the spot price or...

CPO

It stands for contingent payment option or contingent premium option; an option contract for which no premium is paid upfront by the buyer...

IAS

It stands for indexed annuity swap; a CPI-linked swap where the floating leg is indexed to a consumer price index...