It stands for exchange of futures for physicals. By definition, it is a transaction that involves simultaneously taking a cash…
A stack hedge that uses Eurodollar futures. The hedger stacks a number of these futures for subsequent periods in one…
A type of electronically traded futures contract that is smaller in size than otherwise identical futures contract. That is, an...
A derivative whose underlying asset is an energy product. Many energy products trade both over the counter and on exchanges…
A futures contract which matues at most distant months. That is, it has expirations or delivery dates furthest into the…
In general, drawdown (also draw-down) refers to a reduction in the value of an asset/ investment/ account/ fund below its…
The interest rate on international money market futures (IMM futures). It is a money market rate that used as underlying...
A forward rate agreement (FRA) where the settlement date is more than one year in the future at the time…
An exchange-traded option on a futures contract whose underlying is the CBOE volatility index. It has an American-style exercise, i.e.,...
It refers to unrealized capital profits in an open position in options or futures (or generally in an investment portfolio).…
