Alphabetical - I

IMPA	International Primary Markets Association (for Eurobond dealers)
Implied Distribution	A distribution for a future asset price implied from option prices
Implied Volatility	Volatility implied from an option price using the Black-Scholes or a similar model
Implied Volatility Trees	??
Index Amortizing Swap	see Indexed Principal Swap
Index Arbitrage	An arbitrage involving a position in the stocks comprising a stock index and a position in a futures contract on the stock index.
Index Futures	A futures contract on a stock index or other index.
Index Option	An option contract on a stock index or other index
Indexed Principal Swap	A swap where the principal declines over time.
Indices	like the S&P 500, CAC 40, FTSE 100 etc
Ineligible Bank Bills	Bills of exchange accepted by a bank, but one not on the central bank's list
Inflation	whether a given rate of interest represents good value or not will depend on the rate of inflation
Initial Margin	Initial deposit required by a Clearing House (as opposed to variation margin)
Initial Public Offering	American term for Offer for Sale
Insider Dealing	The buying and selling of securities by someone with inside information.
Insolvent	Unable to meet your financial obligations/debts.
Insurance	If contrasted with assurance, this is the business other than life assurance
Insured Bonds	??
InterBank Market	Bank lending and borrowing to one another
Inter-Dealer Broker	An offical broker in the government securities (gilts and treasury bills) market.
Interest	A payment made in return for the use of money.
Interest Only	A mortgage backed security where the holder receives only interest cash flows on the underlying mortgage pool.
Interest Rate Cap	??
Interest Rate Collar	A combination to an interest-rate cap and an interest rate floor
Interest Rate Derivative	A derivative whose payoffs are dependend on future interest rates.
Interest Rate Floor	An option that provides a payoff when an interest rate is below a certain level.
Interest Rate Option	An option where the payoff is dependent on the level of interest rates
Interest Rate Swap	An exchange of a fixed rate of interest on a certain notional principa for a floating rate of interest on the same notional principal.
Interest Yield	Flat Yield
International Bond	Bond issued by a borrower in a foreign country
International Monetary Fund	Supranatural organisation which plays an important role in troubled economies ??
Internationalisation	Globalisation
In-The-Money Option	Either - a call option where the asset price is greater than the strike price or - a put option where the asset price is less than the strike price.
Intrinsic Value	The amount by which a call option exercise price is below the market price (or a put option exercise price is above).
Inverted Market	A market where the futures price decreases with maturity.
Investment Asset	An asset held by at least some individuals for investment purposes.
Investment Grade	??
Investment Trust	A company whose whole business is running a wide portfolio of shares. A "closed-ended" fund.
Iron Butterfly	A short straddle combined with a long strangle on the same underlying and with the same time to expiry.
Irredeemable	Perpetual
ISDA	International Securities and Derivatives Association
Issue by Prospectus	Method of selling shares in a company.
Issuer	??
Issuer Warrant	??
Issuing	Offering a security in the market in the first instance, primary market

IMPA International Primary Markets Association (for Eurobond dealers)
Implied Distribution A distribution for a future asset price implied from option prices
Implied Volatility Volatility implied from an option price using the Black-Scholes or a similar model
Implied Volatility Trees ??
Index Amortizing Swap see Indexed Principal Swap
Index Arbitrage An arbitrage involving a position in the stocks comprising a stock index and a position in a futures contract on the stock index.
Index Futures A futures contract on a stock index or other index.
Index Option An option contract on a stock index or other index
Indexed Principal Swap A swap where the principal declines over time.
Indices like the S&P 500, CAC 40, FTSE 100 etc
Ineligible Bank Bills Bills of exchange accepted by a bank, but one not on the central bank's list
Inflation whether a given rate of interest represents good value or not will depend on the rate of inflation
Initial Margin Initial deposit required by a Clearing House (as opposed to variation margin)
Initial Public Offering American term for Offer for Sale
Insider Dealing The buying and selling of securities by someone with inside information.
Insolvent Unable to meet your financial obligations/debts.
Insurance If contrasted with assurance, this is the business other than life assurance
Insured Bonds ??
InterBank Market Bank lending and borrowing to one another
Inter-Dealer Broker An offical broker in the government securities (gilts and treasury bills) market.
Interest A payment made in return for the use of money.
Interest Only A mortgage backed security where the holder receives only interest cash flows on the underlying mortgage pool.
Interest Rate Cap ??
Interest Rate Collar A combination to an interest-rate cap and an interest rate floor
Interest Rate Derivative A derivative whose payoffs are dependend on future interest rates.
Interest Rate Floor An option that provides a payoff when an interest rate is below a certain level.
Interest Rate Option An option where the payoff is dependent on the level of interest rates
Interest Rate Swap An exchange of a fixed rate of interest on a certain notional principa for a floating rate of interest on the same notional principal.
Interest Yield Flat Yield
International Bond Bond issued by a borrower in a foreign country
International Monetary Fund Supranatural organisation which plays an important role in troubled economies ??
Internationalisation Globalisation
In-The-Money Option Either - a call option where the asset price is greater than the strike price or - a put option where the asset price is less than the strike price.
Intrinsic Value The amount by which a call option exercise price is below the market price (or a put option exercise price is above).
Inverted Market A market where the futures price decreases with maturity.
Investment Asset An asset held by at least some individuals for investment purposes.
Investment Grade ??
Investment Trust A company whose whole business is running a wide portfolio of shares. A "closed-ended" fund.
Iron Butterfly A short straddle combined with a long strangle on the same underlying and with the same time to expiry.
Irredeemable Perpetual
ISDA International Securities and Derivatives Association
Issue by Prospectus Method of selling shares in a company.
Issuer ??
Issuer Warrant ??
Issuing Offering a security in the market in the first instance, primary market