A fence whereby a put option is long (long put) and a call option is short (short put), both being...
Typically, an exchange-listed option (first introduced in 1973) in which the underlying asset is an equity instrument such as a...
The ratio of the value of long or short futures contracts to the value of the cash commodity being hedged....
A cash-settled option that entails the exchange of one currency into another with the premium usually paid in a third...
It stands for convertible bond asset swap; an asset swap whose underlying is a convertible bond. In terms of composition,...
An interest rate cap that has a forward start date. In other words, the cap comes into effect at some...
A zero coupon swap (ZCS) in which the zero coupon leg has the right, without the obligation, to call off...
An option, also known as a range binary option or a double lock-out option, whereby an investor can receive a...
An asset swap whose underlying is a convertible bond. In terms of composition, it is a combination of an asset...
An interest rate swap (IRS) that involves the future exchange of two series of cash flows. This swap allows hedgers...