A complex hedging technique which is designed to mitigate different risk exposures usually associated with options. Those exposures are often…
A swap agreement (cross currency swap, XCS) that is entered into, and between, two parties to exchange a stream of...
It stands for non-deliverable cross currency swap; a swap agreement (cross currency swap, XCS) that is entered into, and between,...
It stands for non-deliverable cross currency swap; a swap agreement (cross currency swap, XCS) that is entered into, and between,...
A measure of a swap‘s value sensitivity to interest rate changes. The duration of a swap is equal to the…
A hedging technique which aims to make the price of a set (or portfolio) of derivatives immune to small movements in…
In general, drawdown (also draw-down) refers to a reduction in the value of an asset/ investment/ account/ fund below its…
An interest rate swap in which the fixed rate payment is reset in response to a pre-agreed change in market…
An interest rate swap whereby the notional principal amount (NPA) grows over its time to expiration. Such a swap is…
A swap structure which entails the extension or cancelation of the agreement at a specific point in time during the…