Finance

Category: I

  • Intrinsic Value

    Concept of Intrinsic Value in Futures TradingIn this context of financial law, the following is a definition of Intrinsic Value: A measure of the value of an option or a warrant if immediately exercised, that is, the extent to which it is in-the-money. The amount by which the current price for […]

  • In Sight

    Concept of In Sight in Futures TradingIn this context of financial law, the following is a definition of In Sight: The amount of a particular commodity that arrives at terminal or central locations in or near producing areas. When a commodity is ‘in sight,’ it is inferred that reasonably prompt […]

  • Issue Price

    Concept of Issue Price in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): The percentage of principal value at which the price of a new issue of securities is fixed.ResourcesSee AlsoDerivatives Contract

  • Interest Rate Straddle

    Concept of Interest Rate Straddle in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): An interest rate transaction where the buyer pays a premium to the seller to buy a cap and a floor with identical details including the cap and floor rates. […]

  • Interest Rate Cap

    Concept of Interest Rate Cap 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 borrowing cost […]

  • Interest Rate Futures

    Concept of Interest Rate Futures in Futures TradingIn this context of financial law, the following is a definition of Interest Rate Futures: Futures contracts traded on fixed income securities such as U.S. Treasury issues, or based on the levels of specified interest rates such as LIBOR (London […]

  • Introducing Broker

    Concept of Introducing Broker (IB) in Futures TradingIn this context of financial law, the following is a definition of Introducing Broker (IB): A person (other than a person registered as an associated person of a futures commission merchant) who is engaged in soliciting or in accepting orders […]

  • Interest Shortfall

    Concept of Interest Shortfall in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): The payment from the seller to buyer compensating for any reduced coupon payment on the underlying bond on a PAUG swap. If the reduced coupon is subsequently made […]

  • Interpolation

    Interpolation (linear Interpolation)Concept of Interpolation (linear Interpolation) in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A method of estimating an unknown price or yield of a security. This is achieved by using other related […]

  • Index

    Asset Backed Index (abx)Concept of Asset Backed Index (abx) in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A credit derivative (i.e. an instrument that transfers risk from one party to the other) index based on 20 underlying ABS bonds that […]

  • International Swaps and Derivatives Association

    Concept of International Swaps and Derivatives Association (ISDA) in Futures TradingIn this context of financial law, the following is a definition of International Swaps and Derivatives Association (ISDA): A New York-based group of major international swap dealers, that publishes the Code of […]

  • Interest

    Interest in the Context of Mortgage RefinancingsIn this context, a definition of Interest may be distilled, worded as follows: The rate used to determine the cost of borrowing money, usually stated as a percentage and as an annual rate.

  • Initial Deposit

    ResourcesSee AlsoInitial Margin Futures Trading Consumer Protection Consumer Finance

  • Isda

    ResourcesSee AlsoInternational Swaps and Derivatives Association Futures Trading Consumer Protection Consumer Finance

  • Indirect Bucketing

    Concept of Indirect Bucketing in Futures TradingIn this context of financial law, the following is a definition of Indirect Bucketing: Also referred to as indirect trading against. It occurs when a floor broker effectively trades opposite his customer in a pair of non-competitive transactions […]