A structured product (specifically a target redemption note) which consists of a strip of forwards each of which has its payout as the difference between...
First crafted by Société Générale in 1998, mountain range options are a line of option products, which constitutes path-dependent options whose...
A mountain range option in which some of the best and worst performing stocks are trimmed from the basket of underlying...
A vanilla option which entitles its holder to receive a large coupon payment if the underlying asset/ security never reaches its strike...
It is defined as positions which are taken in complex options that virtually impose no risk or a limited deal of risk such as long option, long...
It stands for limited-risk options, i.e., positions which are taken in complex options that virtually impose no risk or a limited deal of risk such as long option, long...
A structured swap in which the swap counterparty agrees to adjust the notional principal amount in a fashion that matches the actual outstanding balance...
It stands for zero-coupon inflation swap; a type of inflation derivative; an inflation-indexed swap which has both cash flow legs paying out on maturity....
An option to enter into a year-on-year “inflation-indexed” swap (YYIIS) at a prespecified date for a prespecified swap rate. In other words, this option allows...
An embedded Bermudan option in a cross currency swap. More specifically, it is a contract in which the holder of a cross currency...