We believe a glossary is key for any client trying to navigate through the range of complex terms and jargon in our industry.
Our most frequently defined terms are defined below but if there's something you think we should add, please contact us.
Variable interest rate
An interest rate that adjusts over time because it is based on an underlying benchmark interest rate such as Libor or base rates.
A payment made by counterparties to a trade to cover daily, or even intraday, profits and losses.
A measure of risk that encompasses the variation in an investment’s return or price over a set time period versus the expected return or price, as represented by the mean. See also standard deviation.
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