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Double Barrier Option

A barrier option which has two barriers with respect to the strike price: an upper barrier and a lower barrier....

Double Knock-Out Option

A double barrier option which has two barriers with respect to the strike price: an upper barrier and a lower...

Knock-Out Swaption

In essence it belongs to the class of barrier options. Thanks to the knock-out mechanism, this swaption has the potential...

KIKO Forward

A structured instrument which consists of long put and short call positions particularly in currencies. A KIKO (knock-in knock-out) forward...

Knock-In Swaption

A barrier swaption in which protection exists or activates only if the swap rate crosses the barrier. In essence it...

American KIKO Option

A KIKO option (knock-in knock-out option) that has two American barriers (as an American barrier option) where its payoff gets...

Knock-In Option

An option that automatically activates or comes into life only when a certain price of its underlying is hit. For...

Credit Spread Forward

A credit spread derivative whose payoff is based on changes in the perceived credit quality of a reference credit as...

Long Cartwheel

A complex options trading strategy which combines a long call backspread and a short put ratio spread. For example, an...

KIKO Option

A combination of a knock-in option and a knock-out option. More specifically, a KIKO option has two barriers: a knock-in...