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ETO

It stands for exchange-traded option; an option (exchange-traded derivative) that trades on organized and regulated exchanges, as opposed to options...

ILS

It stands for index-linked security; a note (debt security/ debt instrument) in which the return (coupon payments) and/ or redemption...

QFRAN

It stands for quanto floating range accrual note; a range accrual note (RAN) that has a floating reference for the...

RAN

It stands for range accrual note; a note that pays interest only if the floating interest rate (such as LIBOR)...

ARO

It stands for average rate option; an option in which the exercise price is equal to the average of the...

TRS

An abbreviation for total return swap; a type of credit derivative in which the two counterparties agree to exchange the...

RTS

It stands for reduced tick spread; an interest rate futures calendar spread which involves buying near-month futures and selling far-month...

LSN

It stands for long-term structured note; a structured note whose maturity typically exceeds one year (though at times, it is...

SSN

It stands for short-term structured note; a structured note whose maturity does not typically exceed 9-12 months (though at times,...

AQB Option

It stands for Asian quanto basket option; a quanto basket option whose payoff is determined as that of an Asian...