Tag: AS

  • Ask Price

    Offer/ask PriceConcept of Offer/ask Price in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): The price at which a trader or market maker is willing to sell a contract.ResourcesSee AlsoDerivatives Contract

  • Assignable Contract

    Concept of Assignable Contract in Futures TradingIn this context of financial law, the following is a definition of Assignable Contract: A contract that allows the holder to convey his rights to a third party. Exchange-traded contracts are not assignable.

  • Asset Based Loan

    Definition of Asset Based Loan (ABL)This is the meaning of Asset Based Loan (ABL) published by Marco Terry: It is a short term loan that is secured by the company’s assets such as inventory, real estate, equipment or accounts receivable. Most are paid back when the asset that secures the loan […]

  • Associated Person

    Concept of Associated Person (AP) in Futures TradingIn this context of financial law, the following is a definition of Associated Person (AP): An individual who solicits or accepts (other than in a clerical capacity) orders, discretionary accounts, or participation in a commodity pool, or […]

  • Asian Option

    Concept of Asian Option in Futures TradingIn this context of financial law, the following is a definition of Asian Option: An exotic option whose payoff depends on the average price of the underlying asset during some portion of the life of the option.

  • Ask

    Concept of Ask in Futures TradingIn this context of financial law, the following is a definition of Ask: The price level of an offer, as in bid-ask spread.

  • Asset Backed Security

    Asset Backed Security (abs)Concept of Asset Backed Security (abs) in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A type of bond or note typically issued by a Special Purpose Vehicle (SPV) where the bond or note is backed by an underlying […]

  • Asset Swap

    Concept of Asset Swap in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): Asset swaps involve both the sale of an asset to a counterparty and an interest rate swap packaged into a single transaction. In the case of bonds, the asset will usually […]

  • Assignment

    Concept of Assignment in Futures TradingIn this context of financial law, the following is a definition of Assignment: Designation by a clearing organization of an option writer who will be required to buy (in the case of a put) or sell (in the case of a call) the underlying futures contract or […]