Category: V

  • Voice Broker

    Concept of Voice Broker in Futures TradingIn this context of financial law, the following is a definition of Voice Broker: An interdealer broker who brokers derivatives transactions via telephone, instant message, or similar means of communication.

  • Valuation Agent

    Concept of Valuation Agent in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): The party who values a derivative (i.e. an instrument that transfers risk from one party to the other) transaction or portfolio of derivative (i.e. an instrument […]

  • Variable Price Limit

    Concept of Variable Price Limit in Futures TradingIn this context of financial law, the following is a definition of Variable Price Limit: A price limit schedule, determined by an exchange, that permits variations above or below the normally allowable price movement for any one trading day.

  • Verification

    Definition of VerificationThis is the meaning of Verification published by Marco Terry: The process where a factoring company verifies the validity an value of a client’s invoice with the customer.

  • Variance Swap

    Concept of Variance Swap in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A forward that uses the variance (being the volatility squared) of an underlying’s price movement over a period as the basis for the payoff calculation.ResourcesSee […]

  • Vault Receipt

    Concept of Vault Receipt in Futures TradingIn this context of financial law, the following is a definition of Vault Receipt: A document indicating ownership of a commodity stored in a bank or other depository and frequently used as a delivery instrument in precious metal futures contracts.

  • Volatility Spread

    Concept of Volatility Spread in Futures TradingIn this context of financial law, the following is a definition of Volatility Spread: A delta-neutral option spread designed to speculate on changes in the volatility of the market rather than the direction of the market.

  • Volatility

    Concept of Volatility in Futures TradingIn this context of financial law, the following is a definition of Volatility: A statistical measurement (the annualized standard deviation of returns) of the rate of price change of a futures contract, security, or other instrument underlying an option. […]