An interest rate swap in which one party pays a fixed interest rate and receives floating-rate interest payments based on the...
First crafted by Société Générale in 1998, mountain range options are a line of option products, which constitutes path-dependent options whose...
A clause in a law, contract, agreement, etc, that limits or reverses a payment or profit distribution for particular reasons....
A swap in which there is a margin above or below LIBOR (a upward or backward margin) on the floating...
A path-dependent option in which the payoff depends only on one event or piece of information. A good example is...
The smallest price change increment that a future contract is allowed to have by an exchange. The minimum price movement...
It stands for minimum variance hedge ratio; a mathematical tool for determination of the optimal cross hedging ratio. This means...
A mathematical tool for determination of the optimal cross hedging ratio. This means the minimum variance between the gain/ loss...
Mid-swap (MS) is the average of bid and ask swap rates used as a benchmark for calculating total interest rate...