A currency swap in which one side is a fixed rate currency and the other a floating rate payment (such…
A forward contract which allows the holder to lock in today an exchange rate at a future date. With this…
A currency option that confers on the holder the right, but not the obligation, to purchase an amount of foreign…
A currency option that confers on the holder the right, but not the obligation, to sell an amount of foreign…
A cross-currency derivative which constitutes an option giving the holder the right, without the obligation, to enter into a cross-currency…
A tool that measures the sensitivity of convexity of duration or modified duration to a change in yield. It could...
An acronym for cross-currency cross-index basis swap; A cross-currency swap in which one party pays a floating rate (LIBOR) denominated...
In the context of derivatives valuation, it stands for x-value adjustment or cross value adjustment. It is a broad category...
In the context of derivatives valuation, it stands for cross value adjustment. It is a broad category of adjustments that...
An American-style, non-standard option that has a perpetual life. In other words, it neither expires nor has an exercise limit. Since it...