Dictionary
- Value Date
- The date on which a foreign exchange transaction is settled by payment and delivery.
- Variation Margin
- Additional margin required to bring an account up to the required level due to market fluctuations.
- Volatility
- The relative rate at which the price of a security moves up and down. Volatility is found by calculating the annualized standard deviation of daily change in price. Implied volatility is a theoretical value designed to represent the volatility of the security underlying an option as determined by the price of the option.
- Volatility Risk
- The risk in the value of options portfolios due to the unpredictable changes in the volatility of the underlying asset.
- Volume
- The shares that are traded for a given market or tradable within a specified time period.