A transaction that, as opposed to a direct hedge, involves hedging one commodity with a contract for a different commodity....
A transaction that, as opposed to a direct hedge, involves hedging one commodity with a contract for a different commodity....
A transaction that, as opposed to a direct hedge, involves hedging one commodity with a contract for a different commodity....
A derivative instrument which cannot be perfectly hedged using available exchange-traded instruments. In other words, the risks associated with such...
The practice which is used to revalue a financial instrument, in general. In the context of derivatives, marking to market...
It stands for near-the-money option; an option contract in which the underlying's market price is very near to the strike...
An option contract in which the underlying's market price is very near to the strike price. For example, a call...
An OTC option that belongs to the class of correlation derivatives, and which represents a European-style derivative with a payoff...
It stands for notional principal amount; the nominal value that is used to calculate swap payments. For example, in an...
The nominal value that is used to calculate swap payments. For example, in an interest rate swap, each period's interest...