A hybrid combination of various types of derivatives (e.g., a forward contract with an option). Examples include: a knock-out forward,...
It stands for capped index options which are exchange-traded options with a European exercise in which a maximum level is...
A clause in an option contract providing that the contract will be exercised automatically by the clearing firm at expiration...
A capped call (or specifically an automatic cash-out option) whose payoff is a specific maximum level and which will automatically...
In the realm of options, it refers to the amount of money an option buyer pays to an option writer...
A call option on any portfolio composed of variable or uncertain components, such as an actively managed portfolio or the...
An option that allows its holder to lock in the profit of optimal trading on a specified asset subject to...
A path-dependent option in which the payoff is based on an average of underlying asset prices, interest rates, indices, or...
A credit default swap (CDS) which links the notional amount, on which the swap payoff is based, to the daily...
A credit default swap (CDS) whereby the protection buyer makes a payment to the protection buyer only after the Nth...