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Bermudan Option

An option that can be exercised on discrete dates before expiration, such as the first of every month. This option...

Differential Swaption

A cross-currency derivative which constitutes an option giving the holder the right, without the obligation, to enter into a cross-currency...

Circus Option

A cross-currency derivative which constitutes an option giving the holder the right, without the obligation, to enter into a cross-currency...

Temperature Swap

A temperature derivative in which the weather index buyer and the weather index seller agree to exchange payment obligations contingent...

Temperature Option

A weather derivative (or a temperature derivative ) whose underlying asset is a specific temperature index, i.e. an index of...

Circus Swap

A currency swap in which one side is a fixed rate currency and the other a floating rate payment (such...

Digital Credit Default Swap

Unlike standard credit default swaps which require a valuation following a credit event (usually default), digital swaps simply specify payment...

Double Barrier Binary Option

A double barrier option whose payoff at expiration date is equal to that of a binary option in case during...

Double One-Touch Option

A one-touch option with two American barriers. An investor, buying the option, has the right to define the two barriers:...

Touch-Down Option

A binary option that pays its holder a fixed amount (payoff) at expiration if the underlying price/ rate touches (i.e.,...