Credit derivative
Overview of Credit Derivatives A credit asset is the extension of credit in some form: normally a loan, accounts receivable, installment credit or financial lease contract. Every credit asset is a bundle of risks...
Tagged: Options
Options
An option in finance is a financial derivative product that represents a contract sold by the option writer to another party (option holder). An option contract gives the buyer the right –not the obligation...
Swaps
Swap, in finance, refers to a derivative product in which the parties to the contract agree to exchange cash flows of each other’s financial instruments. The benefits arising out of a swap contract depend...
Clearing house
According to 15 USCS § 78c (23) (A) the term ‘‘clearing agency’’ means any person who acts as an intermediary in making payments or deliveries or both in connection with transactions in securities or...
Short
Shorting is a specialized finance term. It is also known as going short or short selling. These terms refer to the selling of the instrument or securities borrowed from the third party. Such third...
NYSE Euronext
NYSE Euronext Inc. is a New York-City-based Euro-American multinational financial services company operating a number of securities exchanges, including the world’s largest stock exchange, the New York Stock Exchange. Back in March 2006, NYSE...
Binary options
Binary options have become one of the fastest growing sectors of the finance industry. While the basics of binary options can be learned within a few minutes, there are numerous advanced strategies that traders...
New York Mercantile Exchange (NYMEX)
The New York Mercantile Exchange (NYMEX) offers derivative products in commodities. It is part of the CME Group of Chicago, which also owns and operates the Chicago Mercantile Exchange, the Chicago Board of Trade...
Montreal Exchange
The Montreal Exchange (Bourse de Montréal) or simply MX is a futures and options (derivatives) exchange located in the Canadian city of Montreal. Along with equities, it offers derivative products in currencies, indices, Exchange...
Chicago Mercantile Exchange (CME)
The Chicago Mercantile Exchange (CME), a financial and commodity futures and options exchange located at 20 S. Wacker Drive, Chicago, was established in 1898 as an agricultural commodities exchange as Chicago Butter and Egg...
Chicago Board Options Exchange (CBOE)
Established in 1973 by the Chicago Board of Trade, the Chicago Board Options Exchange (NASDAQ: CBOE) is the largest options exchange in USA. Located at 400 South LaSalle Street in Chicago, CBOE offers for...
Chicago Board of Trade (CBOT)
Founded in 1848, the Chicago Board of Trade (CBOT) is the oldest futures and options exchange in the world. Futures and options contracts traded by more than 3600 CBOT members numbered over 454 million...
Rogue trader
A rogue trader is an official employee who makes trades on behalf of the company that are not legal or approved by the company. This term is used to denote the employees who work...
Kansas City Board of Trade
The Kansas City Board of Trade was founded in 1856 by a group of Kansas City merchants, and served as the city’s Chamber of Commerce. The Kansas City Board of Trade was formally chartered...
Long
In financial terms a long position on a security, such as a bond or stock share, means that the investor will earn profit if the price of the stock goes up in the future.This...