Finance

Category: S

  • Ssis

    Concept of Ssis in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): Standard Settlement Instructions for derivative (i.e. an instrument that transfers risk from one party to the other) transactions. SSIs outline the bank account details of […]

  • Security Futures Product

    Concept of Security Futures Product in Futures TradingIn this context of financial law, the following is a definition of Security Futures Product: A security future or any put, call, straddle, option, or privilege on any security future. See 7 USC 1a(45).

  • Strategy-Based Margining

    Concept of Strategy-Based Margining in Futures TradingIn this context of financial law, the following is a definition of Strategy-Based Margining: A method for setting margin requirements whereby the potential for gains on one position in a portfolio to offset losses on another position is […]

  • Swap Dealer

    Concept of Swap Dealer in Futures TradingIn this context of financial law, the following is a definition of Swap Dealer: The Dodd-Frank Act and subsequent CFTC rules, in general, identify a “swap dealer” as any person who:1. holds itself out as a dealer in swaps, 2. makes a market in […]

  • Strangle

    Concept of Strangle in Futures TradingIn this context of financial law, the following is a definition of Strangle: An option position consisting of the purchase of put and call options having the same expiration date, but different strike prices.

  • Short Selling

    Concept of Short Selling in Futures TradingIn this context of financial law, the following is a definition of Short Selling: Selling a futures contract or other instrument with the idea of delivering on it or offsetting it at a later date.

  • Scrittura

    Concept of Scrittura in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A web-delivered technology platform that provides management and straight through processing for derivative (i.e. an instrument that transfers risk from one party to the […]

  • Split Close

    Concept of Split Close in Futures TradingIn this context of financial law, the following is a definition of Split Close: A condition that refers to price differences in transactions at the close of any market session

  • Straddle

    Concept of Straddle in Futures TradingIn this context of financial law, the following are some alternative definitions of Straddle: (a) See Spread; (b) an option position consisting of the purchase of put and call options having the same expiration date and strike price.

  • Switch

    Concept of Switch in Futures TradingIn this context of financial law, the following is a definition of Switch: Offsetting a position in one delivery month of a commodity and simultaneous initiation of a similar position in another delivery month of the same commodity, a tactic referred to as […]

  • Swap

    Concept of Swap in Futures TradingIn this context of financial law, the following is a definition of Swap: The statutory definition of “swap” is detailed and comprehensive, though certain agreements, contracts, and transactions are excluded from the definition. It includes, for […]

  • Stock Option

    Equity/stock OptionConcept of Equity/stock Option 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) where the underlying is an individual equity or […]

  • Synthetic Futures

    Concept of Synthetic Futures in Futures TradingIn this context of financial law, the following is a definition of Synthetic Futures: A position created by combining call and put options. A synthetic long futures contract is created by combining a long call option and a short put option for the […]

  • Speculative Limit

    ResourcesSee AlsoSpeculative Position Limit Futures Trading Consumer Protection Consumer Finance

  • Strike Price

    Concept of Strike Price (Exercise Price) in Futures TradingIn this context of financial law, the following is a definition of Strike Price (Exercise Price): The price, specified in the option contract, at which the underlying futures contract, security, or commodity will move from seller to buyer.