A reverse knock-out option (RKO option) in which the barrier is at a level above the spot underlying price. This…
A market, commonly for trading options on futures on European exchanges, in which brokers contact each other over the counter…
A path-dependent interest rate option (specifically, an interest rate cap) which protects its holder against increases in total interest obligations…
A path-dependent interest rate option (specifically an interest rate floor) which provides investors holding floating rate assets with protection against…
A par asset swap whose underlying asset (e.g. a convertible bond) is repackaged with an equity warrant stripped therefrom, with…
A commodity swap in which one counterparty pays a rate based on the current difference between the spot price and…
A clause in a law, contract, agreement, etc, that limits or reverses a payment or profit distribution for particular reasons.…
A variance-covariance matrix decomposition technique that involves taking random sample from a multivariate normal distribution. In other words, it refers…
A payoff (of some derivative instrument) whose amount is a convex function of the value of the underlying instrument. Generally,…
A physical asset such as base metals, precious metals, crude oil, natural gas, heating oil, gasoline, wheat, rice, livestock, and…