Month: February 2016

  • Contract for Difference (cfd)

    Contract For Difference (cfd)Concept of Contract For Difference (cfd) in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A cash settled total return swap or forward where the parties agree to exchange on the maturity of the contract the […]

  • Fixed Rate

    Concept of Fixed Rate in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): An interest rate which does not vary during the life of a transaction.ResourcesSee AlsoDerivatives Contract

  • Spoofing

    ResourcesSee AlsoDisruptive Trading Practice Futures Trading Consumer Protection Consumer Finance

  • Trading At Settlement

    Concept of Trading at Settlement (TAS) in Futures TradingIn this context of financial law, the following is a definition of Trading at Settlement (TAS): An exchange rule which permits the parties to a futures trade during a trading day to agree that the price of the trade will be that day’s […]

  • Guarantor

    Concept of Guarantor in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A person who guarantees to meet certain specified payment obligations of another party if such other party should default on the relevant obligation.ResourcesSee […]

  • Tick

    Concept of Tick in Futures TradingIn this context of financial law, the following is a definition of Tick: Refers to a minimum change in price up or down. An up-tick means that the last trade was at a higher price than the one preceding it. A down-tick means that the last price was lower than…

  • Exchange Rate

    Concept of Exchange Rate in Futures TradingIn this context of financial law, the following is a definition of Exchange Rate: The price of one currency stated in terms of another currency.

  • Snowblades

    Concept of Snowblades in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A derivative (i.e. an instrument that transfers risk from one party to the other) similar to snowballs in that they have the similar high coupon for the initial term of […]

  • Bespoke Cdo

    Bespoke Cdo/bespoke TrancheConcept of Bespoke Cdo/bespoke Tranche in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A synthetic CDO in which the investor is able to select the names in the reference portfolio, the attachment and detachment […]

  • Proprietary Trading Group

    Concept of Proprietary Trading Group in Futures TradingIn this context of financial law, the following is a definition of Proprietary Trading Group: An organization whose owners, employees, and/or contractors trade in the name of accounts owned by the group and exclusively use the funds of the […]

  • Bull Market

    Concept of Bull Market in Futures TradingIn this context of financial law, the following is a definition of Bull Market: A market in which prices generally are rising over a period of months or years. Opposite of bear market.

  • Freight Bill Factoring

    Definition of Freight Bill FactoringThis is the meaning of Freight Bill Factoring published by Marco Terry: Also called freight factoring. Is a specialized form of factoring that is offered to transportation carriers and freight brokers.

  • Reverse Conversion

    Concept of Reverse Conversion or Reversal in Futures TradingIn this context of financial law, the following is a definition of Reverse Conversion or Reversal: With regard to options, a position created by buying a call option, selling a put option, and selling the underlying instrument (for […]

  • Anonymous Bidding

    Concept of Anonymous Bidding in Futures TradingIn this context of financial law, the following is a definition of Anonymous Bidding: Refers to any market structure in which the identity of the parties placing bids and asks is not disclosed, making it more difficult for one trader to effectively […]

  • Trade

    Unrecognised TradeConcept of Unrecognised Trade in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A transaction that cannot be identified by the alleged counterparty to the trade.ResourcesSee AlsoDerivatives Contract