Filter by Categories
Accounting
Banking

Pips Spot Delta

The ratio of the change in present value of an option with respect to the change in spot, where both...

Trigger Power Reverse Dual Currency Note

A power reverse dual currency note (PRDC note) that has a knock-out feature, i.e., a discrete trigger whereby the structure...

Carry Trade

A currency trading/ speculation strategy that involves borrowing in low-interest currencies (low-yielding currencies) in order to invest in high-interest currencies...

Fundamental Factor

An economic or non-economic factor that affects the forex market at any given time. Fundamentals affect the supply of a...

FX Swap

A forex transaction that involves the simultaneous purchase and sale of identical amounts of one currency for another with two...

FX Forward Contract

A FOREX transaction that is individually negotiated between two counterparties to trade a particular currency at an agreed-upon price and...

FOREX

An abbreviation for "foreign exchange". It is a general term referring to trading activities and transactions that take place in...

FX Target Accrual Redemption Note

A target accrual redemption note (TARN) (basically, a long-dated FX product) which allows counterparties to link to floating-rate benchmarks in...

Low

A candlestick formation where there are two candles to the left and two candles to the right that are higher...

Long-Dated FX Product

A foreign exchange product that has a very long maturity (such as 30 years) and is used by investors to...