It stands for non-deliverable forward; a derivative instrument which is used for hedging the exchange rate risk associated with non-convertible...

Also CTFF or cash-to-first futures. It is a short cash rate that is observed from current day to the maturity...

Contracts, such as futures/ forwards, that have been purchased (long) or sold (short) while no transactions have been completed by...

The total number of one-side positions outstanding in options or future contracts. In other words, the total number of long...

A standardized, exchange-traded contract to buy or sell a money market security at a set price on a particular future...

A cross-currency, cash-settled futures contract which has an underlying denominated in one currency (e.g., a foreign currency) and is settled...

A multi-asset derivative whose components don’t belong to the same asset class. In general, financial derivatives can be divided into...

The risk that arises in case of hedging an asset with another using futures while the two are not identical...

Hedging a cash (spot) commodity or security with a futures contract where the underlying commodity is similar but not identical...

The hedge that involves using a cash (spot) commodity or security with a futures contract where the underlying commodity is...