An option structure in which the payout depends on the value of the underlying on several points in time (e.g.,...
An option in which the strike price is periodically reset with multiple payouts. This option pays off the greater of...
An option which has more than one asset as underlying. The payoff of the option depends on the performance of...
A window barrier option for which the barrier strike is active for more than one period during the option’s life....
Contracts, such as futures/ forwards, that have been purchased (long) or sold (short) while no transactions have been completed by...
The total number of one-side positions outstanding in options or future contracts. In other words, the total number of long...
The risk that a counterparty to a derivative contract may be unable or unwilling to fulfill contractual obligations with respect...
The potential loss that results from a counterparty to a derivative contract (specifically a forward contract or swap) unfulfilling its...
The danger (risk) of incurring losses because a counterparty in a derivative transaction has defaulted (i.e., is no more able...
The quanto spread that relates to a credit derivative, particularly credit default swaps (CDSs), in which case it is known...