The reverse of a forward accumulator. More specifically, it is a structured product that involves investors taking on the obligation...
A financial derivative which an issuer sells to investors and is obliged whereby to sell shares of a specific stock...
A volatility whose magnitude is theoretically set the same across different delta values of an option. The standard Black-Scholes model...
A volatility whose magnitude is theoretically set the same across different delta values of an option. The standard Black-Scholes model...
It stands for funding value adjustment; it constitutes part of x-value adjustments (XVA). By definition, it is the value adjustment...
An agreement (forward volatility agreement) that a seller and a buyer enter into in order to exchange a straddle option...
The underlying volatility that is anticipated over the life of a derivative contract such as an option, a futures contract, etc. It is the amount by...
A floater in which the coupon (interest payment) is floored, i.e., cannot be less than a minimum level (the floor). Floored floaters are capital guaranteed...
A type of forward swap which effectively allows investors to move a foreign exchange position from spot to a future date. In other words,...
An call option whose underlying is a forward contract. This option gives the holder the right to enter into a...