The dollar sensitivity of the price of a derivative to a fractional change in the price of the underlying. It...
A type of credit default swap (CDS) where there is only one reference entity. The reference entity is usually a...
Also a floater. It is a note bearing a variable interest rate which is usually readjusted every six months. This...
An option (Asian option) whose payoff depends on the average price of the underlying asset during the life of the...
A family of options whose underlying is a basket of assets, commodities, securities, currencies, etc. This multivariate option (warrant) is...
An equity risk reversal which has one or more knock-in option components. The premium received from the sale of a...
Abbreviation for swap transferring risk with participating element; a hedging tool that combines an interest rate swap with a participating...
It stands for floating rate note. It is a note bearing a variable interest rate which is usually readjusted every...
An unhedged option strategy which exclusively follows one of two basic strategies: short call (selling or writing call options) and...
An exotic option (also called compound option) in which a call option is made on a put option, whereby giving...