One put option in a floor. In other words, a floorlet is one put option in a series of sequentially...
An option on a floor. In other words, a floortion is an option to buy or sell an interest rate...
A currency market tool, similar to an option, which is used principally to avail of a move in the underlying...
A currency market tool, similar to an option, which is used principally to avail of a move in the underlying...
A volatility measure which is premised on "time-varying" volatility and factors' co-dependency. In other words, the underlying volatility and mutual...
A volatility measure which is premised on "time-varying" volatility and factors' co-dependency. In other words, the underlying volatility and mutual...
The relationship between the spot price and the expected future spot price whereby the futures price exceeds the expected future...
A basket default swap whereby a payout by the protection seller is triggered only following a second default from among...
An interest rate swap that involves the future exchange of two series of cash flows. This swap allows hedgers to...
A combination of an Asian option with a forward start option. This option becomes active at a future date from...