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Diff
(redirected from Diffmk)

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
Diff
Short version of Euro rate differential, which is a Chicago Mercantile Exchange Futures contract that is founded on the interest rate spread between the U.S. dollar and the British pound, the German mark, or the Japanese yen.

Diff
A futures contract traded on the Chicago Mercantile Exchange where the underlying asset is the interest rate spread between the U.S. dollar and either the British pound or the Japanese yen. The German mark has been used as well. A diff can be used to hedge foreign exchange risk. See also: Interest rate parity.


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