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Commodity Warrant

A warrant that gives the holder the right to receive a fixed quantity of a certain commodity (such as wheat,...

Cliquet

A set of component options known as cliquetlettes that expire one succeeding the other. As an option, a cliquet resets...

Cliquet Option

A time-dependent option contract that consists of a series of consecutively-activated, at-the-money forward start options, each of which is struck...

Cash Settlement

A procedure which is used in certain option and futures transactions whereby a transaction is settled with the cash payment...

Cash Market Premium

The price of credit risk as traded in the cash market using asset swaps. In other words, it is the...

CTFF

It stands for cash-to-first futures; a short cash rate that is observed from current day to the maturity date of...

Cash-To-First Futures

A short cash rate that is observed from current day to the maturity date of the first (nearest) futures contracts....

Cega

The first-order sensitivity (delta) of the price of a multi-asset option to a move in the correlation(s) between two underlyings...

Correlation Delta

The first-order sensitivity (delta) of the price of a multi-asset option to a move in the correlation(s) between two underlyings...

Current Option Pain

A refined calculation method which is used for determining option pain and therefore it is more accurate than option pain,...