The sensitivity of an option's price (premium) to changes in the spot market. The spot delta tells how many units...
A classification of option greeks that relate to, or are based on, delta. Examples include delta (for calls and puts),...
A semi-fixed swap which allows oil consumers to swap into a lower rate if prices go below a specific trigger...
A zero-cost cross-currency swap which is subject to three ranges as to the movement of its underlying exchange rate. The...
A zero-cost cross-currency swap which is subject to three ranges as to the movement of its underlying exchange rate. The...
The characteristics of derivatives which allow the holder to achieve a much greater reward, or otherwise incur a far greater...
The risk that arises because the price of an asset underlying a derivative is not known over the course of...
Another name for a vertical spread which is an options strategy constructed by buying and selling the same numbers of...
A wrangle, i.e., a complex ratio spread in which a short position is taken in the two ratio spreads in...
A practice whereby an intermediary enters into one side of the swap transaction, such as a fixed rate payer (or...