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Layer-Loss CDS

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

Forex Swap

The spontaneous purchase and sale (swap) of two identical amounts in two different currencies with two different value dates. Differently...

LLCDS

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

Barrier Cap

An interest rate cap whose existence or activation depends on a floating rate or index crossing a certain barrier or...

Maturity Mismatch

With respect to futures contract, it is the situation where the maturity of the futures and that of the underlying...

Delta Cross Hedge

A hedging technique that is usually deployed in case two mismatches occur: one between the maturities (maturity mismatch) and another...

Equity Basket Option

A basket option whose underlying is a portfolio consisting of a set of stocks or based on a stock index....

Collapsible Swap

An interest rate swap that grants the fixed rate payer (or also the floating rate payer) the right to terminate...

Average Rate Cap

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

Average Rate Option

An option in which the exercise price is equal to the average of the asset’s price over the life of...