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Individually Floored Put

A floored put in which the payoff is sensitive to the correlation of a set of underlying assets. It is...

Rolling Hedge

A hedging technique (also a type of leapfrogging) which is used to provide cover for a series of exposures such...

Auto-Cancellable Equity-Linked Swap

An equity-linked swap that automatically terminates on the earlier of two dates: the settlement date relating to the observation date...

Flip Swap

A single currency swap or a cross currency swap in which the client receives a fixed or floating interest rate...

Floored Put

A limited-payout option where potential gains from a downward movement in the underlying asset are "floored" or limited by a...

Zero Recovery CDS

A credit default swap (CDS) that automatically terminates with one counterparty of which having to make no further payments if...

Currency Annuity Swap

A variation on a plain vanilla swap which comes with a key feature that sets it apart. In currency annuity...

Zero-Coupon Swap Valuation Method

An interest rate swap valuation method that views a swap as a series of cash flows for each of which...

Currency Forward

A forward contract which allows the holder to lock in today an exchange rate at a future date. With this...

Dividend Swap

An over-the-counter swap where two counterparties exchange a stream of future cash flows at set dates in the future over...