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Average Rate Cap

An interest rate cap (i.e., a contract on a maximum interest rate) whereby the seller pays the buyer, at periodic...

Cross-Currency Cap

A cash-settled option that sets a maximum limit (cap/ interest rate cap) on the spread between two benchmark interest rates...

Forward Cap

An interest rate cap that has a forward start date. In other words, the cap comes into effect at some...

Inflation Cap

An inflation derivative (cap) that pays out if inflation (as measured by percentage increase in the consumer price index) exceeds...

Asian Cap

An interest rate cap (i.e., a contract on a maximum interest rate) whereby the seller pays the buyer, at periodic...

Cap Premium

The price that is charged by the seller of a cap in return for giving the cap buyer the right...

Adjustable Strike Cap

An option in which the cap level is based on the last rate set for the underlying floating rate (LIBOR)....

Volatility Swap Cap

A cap which is placed on the payment of one or both counterparties to a volatility swap. This cap usually...

Quantity Cap

A path-dependent interest rate option (specifically, an interest rate cap) which protects its holder against increases in total interest obligations...

CMS Floor

A non-standard interest rate floor in which the rate used is a swap rate with a constant maturity. For example,...