COX-INGERSOLL-ROSS MODEL - CIR
Mathematical formula used to peg interest rate movements driven by the only source of market risk. The model stipulates short-term interest rates can be described through square root diffusion model with a mean reversion. It is frequently used in valuing interest rate derivatives. The CIR was developed by John C. Cox, Jonathan E. Ingersoll, and Stephen A. Ross in 1985.
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Quintiles
A value of a set of data that is 20% of a given population. A range of data is divided into five equal parts; each is 1/5th or 20%. The first quart ...
Excess Margin Deposit
Funds deposited in a trading account above the required minimum amount to maintain a margin account. To get the total balance on the account is the ...
Pre-Funded Bond
Bonds issued by a government agency that buys U.S. government securities to pledge as collateral for the bond issue. Pre-funded bonds are issued by ...
Eurostrip
Sets of consecutive three-month futures contracts based on US dollar-denominated deposits in international banks. It is an interest rate derivative ...
Centre for European Economic Research
Non-profit and independent research center which provides economic issues and policy advice to its clients, focusing mainly on European economies. ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 13:00 | CBI retail sales volume balance | Oct | |
| 13:00 | CBI retail sales volume balance | Oct | |
| 01:30 | Unemployment Rate | Sep | |
| 01:30 | Unemployment Rate | Sep | |
| 02:01 | BRC Shop Price Index | Oct | |
| 02:01 | BRC Shop Price Index | Oct | |
| 09:00 | GfK Consumer Climate | Nov | |
| 09:00 | GfK Consumer Climate | Nov | |
| 11:30 | M4 Money Supply | Sep |
