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Forward Vol

It stands for “forward implied volatility“. The future levels of volatility calculated taking into account current market prices of options.…

Forward Outright Rate

In forex markets, it refers to the actual forward rate which is used in an outright forward contract. It is…

Average Forward Option

A forward option in which the payout is measured as the difference between the forward rate (or the strike) set…

FX Forward Rate

An exchange rate (the price of one currency expressed in the price of another) which reflects the fact that actual...

Forward Implied Return

The rate of return that is implied by the forward rate. It is calculated using the following formula: Forward implied...

Implied Forward Rate

A forward rate that is implied by the current term structure of interest rates for a specific maturity (in the...

Forward FX Rate

An exchange rate (the price of one currency expressed in the price of another) which reflects the fact that actual...

Forward Exchange Rate

An exchange rate (the price of one currency expressed in the price of another) which reflects the fact that actual...

Duration-Weighted Swap

An interest rate swap in which one of the legs depends on, wholly or partially, the effective rate extracted from…

Breakforward Contract

A forward contract at a forward rate that allows the holder to break or unwind the contract with an opposite…