Product definitions
Arbitrage
Fixed Income arbitrage is the practice of taking advantage of a price differential between two or more markets.
Bonds
A bond is a debt security, in which the authorized issuer owes the holders a debt and is obliged to repay the principal and interest (the coupon) at a later date, termed maturity.
Fixed Income
Fixed Income are negotiable bilateral contracts that allow users to manage their exposure to credit risk.
Currency Deposits

A currency deposit is a money deposit at a banking institution that cannot be withdrawn for a certain "term" or period of time at a certain interest rate.
Foreign Exchange
Martins provides voice broking services in spot and forward Foreign Exchange to the domestic and international customer base through its worldwide network.
Forward Rate Agreements
A forward rate agreement (FRA) is a forward contract in which one party pays a fixed interest rate, and receives a floating interest rate equal to a reference rate (the underlying rate).
Futures
A futures contract is a standardized contract, traded on a futures exchange, to buy or sell a certain underlying instrument at a certain date in the future, at a specified price.

Interest Rate Swaps
An interest rate swap is an agreement between two parties to exchange one stream of interest payments for another, over a set period of time.
OTC Equity Options
TRIO Equity Derivatives Ltd is an inter-professional broker in OTC Equity Options. Services include single stocks, baskets, indices, exchange for physicals and stock dividends.
Overnight Index Swaps
An Overnight Indexed Swap (OIS) is a fixed/floating interest rate swap with the floating leg tied to a published index of a daily overnight rate reference.