An interest rate floor whose existence or activation depends on a floating rate or index falling below a certain barrier...
A set of conditions that, if and when met, will trigger liquidation of the underlying asset of a swap and...
A swap that entails the exchange of the cash flows on a position in restricted stock or concentrated equity for...
It stands for municipal embedded derivative security; a municipal derivative which constitutes a municipal note embedded with a derivative such...
An interest rate derivative pricing model that was developed by Black and Karasinski in 1991 in an attempt to overcome...
A derivative which has an agricultural produce (agricultural commodity) as underlying asset. Unlike financial assets, agricultural commodities are valued based...
An option that combines an Asian option with an American option. Effectively, the combination produces an Asian option which allows...
An option on an underlying asset swap. It gives the holder the right, without the obligation, to buy an asset...
The market wherein the prices of options and futures are negatively related to the closeness of delivery dates (of their...
A financial structure that combines both an option and an asset swap. In other words, it is an option on...