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Currency Forward

A forward contract which allows the holder to lock in today an exchange rate at a future date. With this...

Call Leverage

An option leverage that measures the sensitivity of a call option’s price to changes in the underlying price. In other...

Collateralized Swap

A swap whereby one of the counterparties (or both) post collateral to guarantee fulfillment of a contractual obligation. The collateral...

Call Strip

An option trading strategy (a standard strip) which is constructed by buying a number of call options (from three and...

CAPS

It stands for capped index options which are exchange-traded options with a European exercise in which a maximum level is...

Constant Maturity Floor

A constant maturity option (a floortion on a constant maturity swap) which gives the holder the right to place a...

Constant Maturity Cap

A constant maturity option (a caption on a constant maturity swap) which gives the holder the right to place a...

Continuous Barrier Option

A barrier option in which in which the payoff is contingent on whether a specific level has been crossed or...

CMS Range Accrual Swap

A range accrual swap in which the observation rate is based on a constant maturity swap (CMS) rate, rather than...

Conditional Variance Swap

A variance swap that allows investors to take exposure on a specific level of volatility provided that the underlying has...