Definition
A variance swap is an over-the-counter financial derivative that allows one to speculate on or hedge risks associated with the magnitude of movement, i.e....
DefinitionA fairness opinion is a professional evaluation by an investment bank or other third party as to whether the terms of a merger, acquisition,...
How to Calculate Variation and Maintenance Margin
In futures trading, you must provide variation margin to your broker if you want to continue trading. If...