Filter by Categories
Accounting
Banking

Short Gut Iron Condor

A gut iron condor spread which is constructed by selling one call at the lowest strike, buying one call at...

Basis To Theoretical

The difference between the market spreads and the model spreads (theoretical spreads calculated using a model). For example, the theoretical...

Vacation Spread

Another name for a ratio backspread. It was termed so (vacation spread) because it is one of the most secure...

Underwriter Discount

The fee that an underwriter earns from underwriting a security (e.g., equity offering). The underwriter discount is the difference between...

Gross Spread

The fee that an underwriter earns from underwriting a security (e.g., equity offering). The gross spread is the difference between...

Par Spread

A spread that is usually paid (when necessary) by the seller of an asset swap, in addition to a floating...

CSO

It stands for credit spread option; an option whose payoff depends on the spread between the yields earned on two...

Gross Spread

In relation to credit spreads (in credit spread swaps, credit spread options, etc.), it is the difference between the credit...

Spark Spread Swap

An energy swap that involves the payment of the spark spread from one counterparty to another, depending on the change...

Spark Spread Swaption

An option that gives the holder the right, without the obligation, to enter into a spark spread swap by a...