👉 The term "rident" is a phrase that refers to a specific type of financial instrument. In this context, it might refer to a type of derivative or exchange-traded product offered by financial institutions, which are typically traded on exchanges like the NYSE or NASDAQ. Rident transactions involve buying and selling securities with similar characteristics, such as prices and maturities, in order to generate income from changes in the value of the underlying asset. This can be used for a variety of purposes
