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Interest Rate Risk

Generally, it is the risk that arises from changes in interest rate which impact the value of interest-bearing securities/ investments...

Refinance Position

A new position that involves revisiting/ revising the terms of an existing finance (e.g., a loan, credit facility, a mortgage...

Open Position

A position that is taken in the market and still active (not closed). This involves an investment (e.g., a share...

Position Limit

The maximum number of option contracts that an investor can hold on one side of the market. Accordingly, long calls...