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Leveraged Option

An option that is designed to allow the buyer (holder) to take a leveraged view on a specific asset or...

Leveraged Reverse Floating-Rate Note

A reverse floating-rate note (reverse floater) in which the multiplier of the fixed rate is set, at the time the...

Leveraged Floating Rate Note

A floating-rate note (floater/ FRN) in which the reference rate is magnified by a factor λ (where λ > 1)....

Leveraged Rate Swap

An interest rate swap in which the floating rate leg pays LIBOR square (LIBOR is raised to the second power)...

Leverage Factor

The expected or actual percentage price change in an option's value (or the value of other derivatives position) in response...

Layer-Loss Credit Default Swap

It stands for layer-loss credit default swap; a basket-linked credit default swap (basket-linked CDS) which protects the buyer (the long)...

Forex Option

An option that gives the holder the right, without the obligation, to exchange a specific amount of money denominated in...

Quanto Callable Range Accrual Note

A callable range accrual note in which the coupon depends on the daily fixing of a foreign reference index being...

Quotient Option

An exotic option that has the ratio of two assets as underlying. The payoff of the option is based on...

Bundle

A futures trading strategy in which a position is established by buying a series of quarterly delivery contracts falling due...