- The last day on which the holder of an option can exercise his right to buy or sell the underlying security. Loonie - Market term for the CAD. Inflation - The rate at which prices for goods and services rise. CAD - The Canadian Dollar. Fixed leg versus fixed leg swaps are rare, and generally constitute a form of specialised loan agreement. Kiwi (NZD) - The New Zealand Dollar. 1 A vanilla IRS is also characterised by one leg being 'fixed' and the second leg 'floating' referencing an -ibor index. Eurex - A major global derivaties exchange. International Monetary Fund (IMF) - An organization of 187 countries, working to foster global monetary cooperation, secure financial stability, promote high employment and sustainable economic growth. . TRL - The Turkish Lira.
Quantitative Easing (QE) - A method of stimulating the economy by a central bank, whereby it buy assets, typically exchange rate of indian rupee to euro today government bonds, to inject extra liquidity into the economy. Hedging interest rate swaps can be complicated and relies on numerical processes of well designed risk models to suggest reliable benchmark trades that mitigate all market risks. European Union (EU) - The economic association of over a dozen European countries which seek to create a unified, barrier-free market for products and services throughout the continent, as well as a common currency with a unified authority over that currency. Credit and funding risks still exist for collateralised trades but to a much lesser extent. Appreciation, a currency is said to appreciate when its price rises. For example, if the ECB increased interest rates.50 from.25 this would be an increase of 25 basis points. For example, the China Investment Corporation.