It stands for Asian quanto basket option; a quanto basket option whose payoff is determined as that of an Asian...
A derivative instrument which is traded and privately negotiated in over-the-counter (OTC) markets, i.e. directly between the two parties involved,...
It stands for fair value spread; with respect to futures contracts, it is the difference between the fair value (FV)...
It stands for callable asset swap; an asset swap in which the seller retains a call option on the underlying...
An acronym for European range bet; an option that is equipped with two European barriers and provides a fixed payoff....
It stands for relative return swap; an asset swap which pays at a series of pre-determined dates (fixings) the relative...
It stands for absolute return swap; an asset swap in which the payoff is made at a set of prespecified...
It stands for relative performance option; an option which pays the holder the difference between the price return of two...
It stands for weighted average rate option. An average rate option in which the weighting of a given periodical price...
It stands for local volatility; in the context of option pricing, it is a type of volatility that locally (for...