Day count convention

Day count conventions are used to determine the number of days between two coupon dates.

dDelta-dVol

dDelta/dVol is the change in delta for a 1% change in volatility.

Delivery date

The delivery date is the date on which the actual underlying asset must be delivered to fulfill the terms of the contract.

Delta

The delta displays the change in an option's price for a small change in the underlying.

Delta neutral

Delta neutral refers to an option that has been hedged to neutralize the risk associated with a change in the underlying.

Deposit Notes

The basic aim of a deposit note is to enable the trader or hedger to enhance the return on a deposit...

Deposit rate

The deposit rate shows the rate you receive for deposits in the bank.

Derivative

A derivative instrument (or simply derivative) is a financial instrument which derives its value from the value of some other financial instrument or variable.

Differential swap

See the OTC spread swap.

Differential swap strip

See the OTC spread swap strip.

Digital cap

A digital cap is a regular cap with the addition of a European barrier.

Digital floor

A digital floor is a regular floor with the addition of a European barrier.

Digital overview

A digital option is an option where a fixed payout is made under the conditions specified in the option's contract.

Digital range cap/floor

A digital range cap/floor is a digital option with two European barriers.

Digital swap

It is a product that lets the user specify a coupon based upon the fixing level of some underlying index.

Dividend

Dividend is a part of net income distributed in cash to a company's shareholders.

DMU

SuperDerivatives runs a 24-hour Data Management Unit...

Double average option

A double average option is a combination of an average rate and an average strike option.

Double knock in option

A double knock in is a European vanilla option with two American barriers...

Double knock out option

A double knock in is a European vanilla option with two American barriers

Double no touch option

The double no touch (also known as a range binary) is an option with two American barriers...

Double one touch option

The double one touch (also known as a range binary) is an option with two American barriers...

Dual currency deposit note

In a dual currency deposit the investor receives a yield higher than the regular deposit rate for the deposit currency...

Dual currency European digital

In a regular European digital, only one condition must be met for payoff...

Duration

Duration is the measure of the price sensitivity of an interest rate derivative to interest rate movements.

dVega-dSpot

dVega/dSpot displays a percentage change in vega for a 1% change in the spot rate based on ATM volatility.

dVega-dVol

dVega/dVol displays the percentage change in the vega for a 1% change in volatility based on ATM vol.

Dynamic hedging

A dynamic hedge is taken out by the hedger with a view to having to continually adjust the hedge as the underlying that is itself being hedged moves.