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Reverse Iron Condor

An iron condor that is typically established by buying a lower strike out-of-the-money put option, selling even lower strike out-of-the-money...

Blended Index Swap

A swap in which one leg or both pay off the total return on a blended index. The underlying blended...

European-Style Quanto Digital

A quanto digital option that can only be exercised at its expiration date. It pays the difference between the spot...

Blended Equity Swap

An equity swap which involves a blended index on the equity-pay leg. In other words, this swap is based on...

Reverse Iron Albatross

An iron albatross that is typically established by selling a far out-of-the-money call option, buying an out-of-the-money call option, buying...

Forward-Starting Interest Rate Swap

An interest rate swap that involves the future exchange of two series of cash flows. This swap allows hedgers to...

IRS Valuation

It stands for interest rate swap valuation; a swap pricing method that is based either on regarding the swap's two...

CO Swap

It stands for coupon-only swap; a form of cross currency swap that entails no exchange of principal in two different...

Interest Rate Swap Valuation

A swap pricing method that is based either on regarding the swap's two legs as two bonds (this is the...

MM Futures

It stands for money market futures; a standardized, exchange-traded contract to buy or sell a money market security at a...