交易大厅的中文解释
1. 指交易所内的交易大厅,交易商在此进行面对面的议价与买卖。与这种交易方式不同的是电脑自动撮合系统及场外交易(OTC)市场。 2. 一种协助持有人规避利率下滑风险的金融衍生工具,期限通常为2至5年,有效期内可按约定的时段(如每六个月)行使权利。在约定的时段内,若标的利率低于约定水平,持有人可行使权利并获得现金补偿,补偿金额视标的利率与约定水准的差距而定。
Floor的英文解释
The trading floor of an exchange where dealers meet face to face to quote prices and deal. Alternatives to the trading floor are screen-based trading systems, or an over-the-counter system. Also, a type of derivative that protects the
holder from a fall in interest rates. The holder, by exercising, receives a cash settlement representing the difference between the strike level and the
underlying interest rate, should the latter be lower. Floors
normally have a life of between two-five years. The option can be exercised at regular intervals (every six months, for example) during the life of the floor.