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DvegaDvol

A tool that measures the changes in vega resulting from changes in volatility (vol) levels. Vega, per se, captures the...

Min-Max Swap

An interest rate swap that entails the exchange of a fixed rate for floating rate, where the floating leg is...

Matched Maturity Swap Spread

A swap spread which measures the yield of a specific treasury security against the par swap rate of a swap...

DdeltaDtime

A delta greek that measures the sensitivity of delta (of an option position) to changes in time. In other words,...

Zero Basis Risk Swap

A swap agreement made between a municipality (a city or town local council) and a financial intermediary, in which the...

Zeta of an Option

A measure that captures the premium difference between the value of an option calculated using the smile volatility and its...

Zeta

A tool that measures the sensitivity of an option price to implied volatility. It is the change in an option's...

DgammaDspot

A third-order greek that measures the rate of change in the option gamma in response to a change in the...

DgammaDvol

One of the Greeks (sensitivity measures) that captures the rate of change of gamma with respect to changes in the...

Dispersion Options

A breed of options which commonly have dispersion-related payoffs. Particularly, the actual payoff of such options depends at maturity on...