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Receiver Swaption

A swaption (option on a swap) that gives the holder the right, without the obligation, to enter into a swap as the fixed-rate receiver...

Receiver Swap

A put option on a swap in which the buyer has the right, but is not obliged, to enter into a swap wherein he...

Call Swaption

A call option on a swap in which the buyer has the right, but is not obliged, to enter into...

Payer Swap

A call option on a swap in which the buyer has the right, but is not obliged, to enter into...

Shark Forward Extra

A shark forward (a structured forward contract) that is used for fixing a forward price, while providing exposure to a spot movement...

Cleared Derivative

A derivative contract that, like an OTC derivative, is negotiated bilaterally (privately) between the two parties and is booked with...

Lemons Problem

A market problem that arises due to information asymmetry between investors and entrepreneurs, leading to the break down of capital...

Soft Delta

In essence, delta is a measure of how long or short the holder of an option position is in terms...

Airbag Certificate

A structured product (structured certificate) that allows the holder to participate in the upside performance of an underlying stock while...

Bandwidth

An analyst's overall or remaining capacity that can be used to carry out analytical tasks by a certain time. Usually,...