An option, also known as a range binary option or a double lock-out option, whereby an investor can receive a...
A digital option that pays out if the underlying doesn’t touch (breach) a specified barrier. Therefore, the option includes a...
A one-touch option which pays a preset amount at the point when the underlying touches the barrier, rather than at...
An over-the-counter swap where two counterparties exchange a stream of future cash flows at set dates in the future over...
Adjusting the strike price of an OTC option by the amount of dividends paid on the underlying asset/ stock. This...
A spark spread that captures the gross margin reflecting the economics of a coal-fired power plant. More specifically, it refers...
An option on the dark spread, i.e., on the gross margin from electricity generated using coal. More specifically, this option...
An energy swap that involves the exchange of the dark spread, i.e., the variable primary energy price of coal and...
A credit default swap (CDS) which links the notional amount, on which the swap payoff is based, to the daily...
A hedging technique which is used to provide insurance for a portfolio of investments by limiting exposure to delta or...