It stands for knock-out option; an option that automatically deactivates or expires only when a certain price of its underlying...

It stands for near-the-money option; an option contract in which the underlying's market price is very near to the strike...

It stands for notional principal amount; the nominal value that is used to calculate swap payments. For example, in an...

It stands for off-balance sheet instrument; a contract which is mainly based on a notional principal amount and represents a...

It stands for open trade equity; this refers to the unrealized gain or loss on open positions in futures. That...

A binary credit default swap. Unlike standard credit default swaps (CDS) which require a valuation following a credit event (usually...

A credit default swap (CDS) in which the swap premium payments, and/or the cashflows in the case of default, are not in the same currency,...

An American-style, non-standard option that has a perpetual life. In other words, it neither expires nor has an exercise limit. Since it...

It stands for credit-linked deposit; a credit-linked hybrid that combines a deposit with a credit default swap that the investor (depositor) sells to the deposit...

The trade on maturity dates of money market futures and money market futures options which are set by futures and options exchanges. These...