A swaption which grants the holder, as in a credit default swaption, the right to enter into an index default...
A variance swap in which the buyer (the long) receives, at maturity, the realized daily variance of the reference underlying...
A forward swap rate that is implied from the market forward swap rate and a "forward" bond yield to maturity...
The magnitude of the instantaneous fluctuation of a dynamic process, e.g., the log of an underlying asset price/ underlying rate...
A combination of two interest rate caps, literally: a long position on an interest rate cap and a short position...
An index option which gives the holder the right, but not the obligation, to buy upon exercise the value of...
A modified version of the barrier floor. It is an interest rate floor that comes in the form of an...
It stands for individually capped basket call, which is a call option that is based on an underlying basket of...
A shari’a-compliant form of derivatives that is based on using contracts such as salam, back-to-back loans, etc, and applying tools...
A futures contract that is based on individual exchange-listed stocks. This constitutes a binding commitment made through a futures exchange...