A covariance forward contract of two underlying prices/rates. This swap pays the excess of the realized covariance between two assets (such as currencies) over a constant...
An offsetting or opposing swap which is designed to close out the market exposure of an existing swap position. For example, a fixed-rate-paying party...
It stands for current replacement cost; the amount that is required to replace an existing (active) swap in the event a...
The amount that is required to replace an existing (active) swap in the event a counterparty to the swap is unable to...
An exotic option whose underlying is a foreign asset (like a foreign equity) denominated in either domestic or foreign currencies and struck...
A call option on a swap in which the buyer has the right, but is not obliged, to enter into...
A derivative contract that, like an OTC derivative, is negotiated bilaterally (privately) between the two parties and is booked with...
A complex options trading strategy which involves taking a long position in a ratio call spread (call backspread) and a...
It stands for coupon-only swap; a form of cross currency swap that entails no exchange of principal in two different...
A form of cross currency swap that entails no exchange of principal in two different currencies at maturity, and only the...