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Basket Trade

One trade that involves a basket of securities (or derivative instruments). In other words, it initiates based on instructions for...

Basket Order

One order that involves a basket of securities (or derivative instruments). In other words, it initiates based on instructions for...

Basket Swap

A floating-for-floating swap whose first floating rate leg is derived from the returns on a basket of underlying assets, such as equities, commodities, bonds, or even swaps. The...

Basket CDS

A credit default swap (CDS) in which the protection buyer pays a fee (premium) to purchase default protection on a number of debtors or debt issuers....

Himalaya Option

An exotic equity option which is based, unlike vanilla options (which have only one underlying asset), on a number of underlying securities (basket). That makes...

Annapurna Option

A type of mountain range options (on the market since 1990s) that offers the option holder a payoff provided that none of the underlying...

Basket Credit Event Binary Option

By definition, it is a cash-settled call option whose underlying is a basket of reference entities (known also as basket...

Basket CEBO

A shortcut for basket credit event binary option. By definition, it is a cash-settled call option whose underlying is a...