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Cash-Settled Swap

A swap (usually a commodity swap) in which two counterparties agree a price and a quantity of an underlying asset...

Cash-Settled Option

An option that is settled for cash, instead of its underlying being actually delivered following exercise of the option. The...

Correlation Swap

An over-the-counter swap that allows investors to take bets on, or hedge against, risks associated with the empirical correlation of...

Correlation-Dependent Option

An exotic option whose payoff depends on the prices of a set of underlying assets, where the option is priced...

Correlation Binary Option

A binary option (digital option) whose underlying is the correlation between two assets or indices: the measurement instrument and the...

Correlation Digital Option

A binary option (digital option) whose underlying is the correlation between two assets or indices: the measurement instrument and the...

Counterparty Credit Risk

The risk that a counterparty to a derivative contract may be unable or unwilling to fulfill contractual obligations with respect...

Counterparty Risk

The potential loss that results from a counterparty to a derivative contract (specifically a forward contract or swap) unfulfilling its...

Credit Risk

The danger (risk) of incurring losses because a counterparty in a derivative transaction has defaulted (i.e., is no more able...

Credit Quanto Spread

The quanto spread that relates to a credit derivative, particularly credit default swaps (CDSs), in which case it is known...