In general, drawdown (also draw-down) refers to a reduction in the value of an asset/ investment/ account/ fund below its…
An interest rate swap in which the fixed rate payment is reset in response to a pre-agreed change in market…
An interest rate swap whereby the notional principal amount (NPA) grows over its time to expiration. Such a swap is…
A swap structure which entails the extension or cancelation of the agreement at a specific point in time during the…
An acronym for debt exchange for common stock. It is a convertible security which constitutes a listed structured product issued…
A slang for marking to market. With respect to swaps, marking a swap to market is a technique for valuing...
It stands for double one-touch option; a one-touch option with two American barriers. An investor, buying the option, has the...
An option, also known as a range binary option or a double no-touch option, whereby an investor can receive a...
A window barrier option whose barrier level can be set and allowed to change deterministically, while the monitoring/ observation points...
It stands for double no-touch option; an option, also known as a range binary option or a double lock-out option,...