A warrant that is issued by a company on an unrelated underlying security such as that of another company or...

A turbo certificate that aims to bet on price decreases. The participation in the downward movement of the underlying will...

A tracker certificate which gain in value when the price of the underlying goes down, and vice versa. Such a...

A bond with interest coupons that change to preset levels on specific dates. More specifically, the bond pays a given...

A preferred stock that has no redemption date. In other words, this fixed-rate equity instrument allows the holder no participation...

The interest rate that results from converting the stated annual interest rate to a rate associated with a partial period....

It stands for performance linked to equity securities; a synthetic security in which the payoff is based on the performance...

A warrant that never expires and therefore remains valid unless it is actually exercised. This warrant gives the holder the...

The difference between the bond’s price and its equity value or parity, expressed as a percentage: Premium = (convertible price-...

A synthetic security in which the payoff is based on the performance of an individual stock or an equity index....