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Auto-Callable Absolute Return Barrier Note

An absolute return barrier note (ARBN) which is generally “continously callable”- i.e., with continuous call dates. This allows the note…

BCLN

A credit linked note (CLN) in which the underlying is a portfolio or basket subject to credit risk. In other…

Basket

A set of stocks, securities, commodities, or currencies which are traded or tracked as one unit or single asset. Examples...

BREN

It stands for buffered return enhanced note; a structured note that offers an enhanced return (upside participation) depending on the…

Auto-Callable ARBN

An absolute return barrier note (ARBN) which is generally “continously callable”- i.e., with continuous call dates. This allows the note…

Quanto Basket

A collection of assets in which one or more of the assets are traded in a currency different from that...

Quanto Basket Option

An option whose underlying is a basket of assets that can be denominated in various currencies other than the one...

Correlation Risk

The risk that arises in many types of exotic options (particularly, multi-asset options, basket options, etc.) A correlation risk is...

Best-Of Call

A best-of option whose payoff at maturity is equal to whichever is higher of two values: zero or the maximum...

Equity Basket Option

A basket option whose underlying is a portfolio consisting of a set of stocks or based on a stock index....