Finance

Tag: FL

  • Floor Broker

    Concept of Floor Broker in Futures TradingIn this context of financial law, the following is a definition of Floor Broker: A person with exchange trading privileges who, in any pit, ring, post, or other place provided by an exchange for the meeting of persons similarly engaged, executes for […]

  • Floating Rate Note (frn)

    Floating Rate Note (frn)Concept of Floating Rate Note (frn) in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A bond which pays a floating rate of interest.ResourcesSee AlsoDerivatives Contract

  • Floor

    Concept of Floor in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A lower limit placed on the payoff of a trade, guaranteeing a minimum payoff to the buyer.ResourcesSee AlsoDerivatives Contract

  • Floor Trader

    Concept of Floor Trader in Futures TradingIn this context of financial law, the following is a definition of Floor Trader: A person with exchange trading privileges who executes his own trades by being personally present in the pit or ring for futures trading. See Local. See 7 USC 1a(23).

  • Floating Rate

    Concept of Floating Rate in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): An interest rate which is reset at predetermined intervals by reference to a market reference rate (such as LIBOR).ResourcesSee AlsoDerivatives Contract