An average that is computed by taking the inverse of the arithmetic average of inverse values, as in the following...
A combination of an inverse floater and a principal currency swap which is designed to hedge a direct exposure to...
A snowball swap in which a floating rate is exchanged at payment dates (e.g., semi-annually) with a complex structured coupon...
A combination of a plain vanilla credit default swap (CDS) and a credit default swap option (CDS option) on the...
A stochastic process is a number of random variables defined on a given probability level and indexed by the time...
It stands for standardized tranche credit default swap; a type of first loss credit default swaps (FLCDS) or tranche loss...
It stands for second near the money; Options whose market price is very near to the strike price (exercise price)-...
Options whose market price is very near to the strike price (exercise price)- very much "near in the money", so...
A cash-settled call option that combines two lookback options and where it pays the difference between the high and low...
A Parisian option which gives the holder the right to exercise only at the option’s maturity date. In other words,...