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Auto Cap

An interest rate cap which consists of a string of caplets. It is designed to hedge future floating rate payment,...

Autocap

An interest rate cap which consists of a string of caplets. It is designed to hedge future floating rate payment,...

Average Rate Cap

An interest rate cap (i.e., a contract on a maximum interest rate) whereby the seller pays the buyer, at periodic...

Average Rate Option

An option in which the exercise price is equal to the average of the asset’s price over the life of...

Agricultural Derivative

A derivative which has an agricultural produce (agricultural commodity) as underlying asset. Unlike financial assets, agricultural commodities are valued based...

American Asian Option

An option that combines an Asian option with an American option. Effectively, the combination produces an Asian option which allows...

Asset Swap Option

An option on an underlying asset swap. It gives the holder the right, without the obligation, to buy an asset...

Asset Swapped Convertible Option Transaction

A financial structure that combines both an option and an asset swap. In other words, it is an option on...

Asset-Backed CDS

A credit default swap (CDS) on a mortgage-backed security or an asset-backed security. That means the reference obligation in such...

Asset Swaption

An option on an underlying asset swap. It gives the holder the right, without the obligation, to buy an asset...