A hedging technique which is used to provide insurance for a portfolio of investments by limiting exposure to delta or...
A spark spread that captures the gross margin reflecting the economics of a coal-fired power plant. More specifically, it refers...
An interest rate swap (or virtually any types of swaps) usually has a spot start date which means two business...
An abbreviation for growing degree days; a measure that is used in weather derivatives. By definition, it is the degrees...
A constant maturity option (a floortion on a constant maturity swap) which gives the holder the right to place a...
Swap transactions are typically viewed as the exchange of a fixed rate for a floating rate, or vice versa. Interest...
It stands for long-term equity anticipation security; an American call or put option on securities or indexes. This kind of...
The effective swap rate which is paid or received by a swap's counterparty. This rate results from adding up the...
A constant maturity option (a caption on a constant maturity swap) which gives the holder the right to place a...
A barrier option in which in which the payoff is contingent on whether a specific level has been crossed or...