It stands for single-name credit default swap; a type of credit default swap (CDS) where there is only one reference...

A delta of an option is a measure reflects the change in its value in response to a unit change...

A portfolio (of assets) whose delta is zero, making it insensitive to small changes in the prices of its assets....

A preferred equity redemption cumulative stock (PERCS) that is designed to replicate its underlying mandatory conversion preferred stock. A key…

A put diagonal calendar spread which is designed to profit on the expectation that the underlying would break out in…

An abbreviation for non-equity option; an option that is written on foreign currencies, bonds, and other debt issues, commodities, metals…

The price differential between ten-year Treasury note futures and Treasury bond futures. Realizing profits from taking a view on this…

An FRN that is embedded with caps or collars (caps and floors) so that the floating rate movement (adjustment) is…

In the case of a call option, it is the amount that results from subtracting the strike price and the…

An interest rate floor that consists of a number of floorlets along with a prespecified limit. It is designed to…