Category: I

  • Intermediary

    Concept of Intermediary in Futures TradingIn this context of financial law, the following is a definition of Intermediary: A person who acts on behalf of another person in connection with futures trading, such as a futures commission merchant, introducing broker, commodity pool operator, […]

  • Iceberg

    ResourcesSee AlsoHidden Quantity Order Futures Trading Consumer Protection Consumer Finance

  • Interest Rate Swap

    Concept of Interest Rate Swap in Futures TradingIn this context of financial law, the following is a definition of Interest Rate Swap: A swap in which the two counterparties agree to exchange interest rate flows. Typically, one party agrees to pay a fixed rate on a specified series of payment […]

  • Instrument

    Concept of Instrument in Futures TradingIn this context of financial law, the following is a definition of Instrument: A tradable asset such as a commodity, security, or derivative, or an index or value that underlies a derivative or could underlie a derivative.

  • Intercommodity Spread

    Concept of Intercommodity Spread in Futures TradingIn this context of financial law, the following is a definition of Intercommodity Spread: A spread in which the long and short legs are in two different but generally related commodity markets. Also called an intermarket spread. See Spread.

  • Interwoven

    Concept of Interwoven in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): An application that enables banks, broker dealers and trading desks to automate their middle and back-office operations. It’s services also include automation of […]

  • Implied Repo Rate

    Concept of Implied Repo Rate in Futures TradingIn this context of financial law, the following is a definition of Implied Repo Rate: The rate of return that can be obtained from selling a debt instrument futures contract and simultaneously buying a bond or note deliverable against that futures […]

  • Interaffiliate Trades

    Concept of Interaffiliate Trades in Futures TradingIn this context of financial law, the following is a definition of Interaffiliate Trades: Trades made between counterparties that share the same majority-ownership.

  • Interest Rate Collar

    Concept of Interest Rate Collar in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): An option (i.e. the right to buy or sell a financial instrument at some agreed conditions) product where the holder (buyer) is guaranteed a maximum and minimum […]

  • Intracommodity Spread

    ResourcesSee AlsoSpread and Interdelivery Spread Futures Trading Consumer Protection Consumer Finance

  • Implied Volatility

    Concept of Implied Volatility in Futures TradingIn this context of financial law, the following is a definition of Implied Volatility: The volatility of a futures contract, security, or other instrument as implied by the prices of an option on that instrument, calculated using an options […]

  • Interdealer Broker

    Concept of Interdealer Broker in Futures TradingIn this context of financial law, the following is a definition of Interdealer Broker: A broker that facilitates bilateral trades between large market participants

  • Indices

    Itraxx IndicesConcept of Itraxx Indices in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A family of credit derivative (i.e. an instrument that transfers risk from one party to the other) indices, where the underlying reference entities are […]

  • Interest Rate Floor

    Concept of Interest Rate Floor in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): An option (i.e. the right to buy or sell a financial instrument at some agreed conditions) product where the holder (buyer) is guaranteed a minimum yield on a […]

  • Inverse Floater

    Concept of Inverse Floater in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): An interest rate swap (i.e. an agreement to exchange interest rate cash flows) where the floating rate has a coupon which rises when the underlying floating rate […]