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AQBO

It stands for Asian quanto basket option; a quanto basket option whose payoff is determined as that of an Asian...

Asian Quanto Basket Option

A quanto basket option whose payoff is determined as that of an Asian option's payoff. An Asian quanto basket option...

Alligator Spread

In the context of options, it is a spread that turns out unprofitable as a result of big commissions charged...

All-or-Nothing Option

An option whose payoff is either a predetermined amount if the underlying asset or index is at or above (for...

All-or-Nothing Digital Option

A digital option whose payoff (a pre-determined amount, or the "all") depends on the market value of the underlying reaching...

ARS

It stands for absolute return swap; an asset swap in which the payoff is made at a set of prespecified...

Auto Flexible Cap

An interest rate cap which limits the maximum level the interest rate could reach on each reset date when the...

Automatic Cash-Out Option

An exotic option which is automatically exercised if the underlying market price reaches or falls below a given in-the-money level...

All-In Premium

In the parlance of the United Kingdom’s markets, it is a warrant or option premium expressed as a percentage of...

Advance Guarantee

Another name for a call option, that is, an option contract that gives the holder (the buyer) the right, but...