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N-Floor

A modified version of the barrier floor. It is an interest rate floor that comes in the form of an...

Variable Strike Floor

An interest rate floor which provides, at specific adjustment dates, protection against decreasing interest rates for loans and mortgages. It...

Diff Swap

A currency swap whereby a rate observed in one currency is applied to a principal amount denominated in another currency....

Liability-Based Swap

An interest rate swap that allows a floating rate borrower to transform a floating-rate liability into a fixed-rate obligation or...

Liability Swap

A swap that allows investors to change the nature of their liabilities. It involves the exchange of payments on one...

Swing Option

In the energy market, it refers to an agreement to buy energy at a certain fixed price during a specified...

Swing Forward Option

A synthetic forward with a single barrier knock-in short option. By definition, a synthetic forward consists of buying a call...

Double Step Barrier Option

A barrier option which has barriers both above and below the current underlying price that widen or narrow in steps...

Differential Swap

A currency swap whereby a rate observed in one currency is applied to a principal amount denominated in another currency....

Two-Asset Double Barrier Option

A double barrier option in which the underlying consists of two assets. The option’s double barrier (upper and lower barriers-...