Druckerfreundliche Version
This glossary contains all terms used therein.



Aktuelle Sortierung Erstellungsdatum (absteigend) Sortiere chronologisch: Änderungsdatum | Erstellungsdatum ändern nach (aufsteigend)

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a repo with fixed maturityopposite: open repo

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abbr. Tokyo Financial Exchange

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(TBMA) Merged in the Securities Industry and Financial Markets Association. www.sifma.org

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risk factor of options expresses the decrease in an options price if the time passes by (usually one day)

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A bank or a bank consortium takes over the placement of the shares.

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external rating regarding the probability of default calculated beyond a business cycle

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abbr. for Tokio Interbank Offered Rate

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the smallest possible price movement of a future,The size of a tick is determined by the stock exchange and is usually between 0.5 and 1 base points.

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The tick value is the profit or loss which emerges from a change of the futures-prices by one tick based upon one contract.

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The Tokyo International Financial Futures Exchange

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This is a market in which a security is traded irregularly or in small numbers.

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Term money or time deposits are deposits that are invested for a limited time. There are two types of time deposits: fixed term deposits and call money

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(Horizontal spread) Combined option strategy, in which options of the same type are bought and sold simultaneously with the same strike prices but with different maturities. Time spreads are usually traded to earn on volatility and/or volatility curve views

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v. Treasury Note

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abbr. Tomnext Overnight Index Swap CHF interest rate swap where the floating rate is linked to the reference rate of tomnext CHF see also: OIS

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(TIBOR) money market interest rate for short-term loans in YEN.

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(TFX) The Tokyo Financial Exchange was founded in 1989 as the Tokyo International Financial Futures Exchange (TIFFE) and changed its name in 2005. www.tfx.co.jp

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(TIFFE) Since 2005, the former TIFFE is now called Tokyo Financial Exchange (TFX).

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indicates a period which starts one day after the trading day and ends on the following bank dayexample: on Tuesday the 15.03. T/N indicates the period from 16.03. to 17.03.

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(TOIS) CHF interest rate swap where the variable side for CHF TomNext money is tied to the reference rate. see also: Overnight Indexed Swap.


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