A physical asset such as base metals, precious metals, crude oil, natural gas, heating oil, gasoline, wheat, rice, livestock, and…
An acronym for short-term interest rate option. By definition, it is an interest rate option in which the underlying is...
A short-term (usually 30-day) option on a futures contract whereby the option expires before its underlying futures reaches maturity. If…
A barrier option that knocks in or out after the underlying spends a preset amount of time above or below…
The maximum of zero and the amount by which the daily average temperature exceeds 65 Fahrenheit. The average temperature is…
A derivative whose underlying is the freight price/rate in the shipping markets (such as the container ship markets). Shipping derivatives...
A collection of options (exotic options) that developed beyond the boundaries and limitations of plain vanilla options, in the decade...
A breed of exotics that has developed as simple or standard additions/ features to derivatives (as opposed to 2nd generation...
A breed of exotics that has developed as simple or standard additions/ features to derivatives (as opposed to second-generation exotics...
A derivative contract whose value is derived from the value of a fixed-income security, that is, it has it as...