A spread option position whereby the price of the option purchased (long option) exceeds the price of the option sold...
The empirical tendency of higher interest rate currencies' return to outperform the return of lower rate currencies. This can be...
A Bermudan swaption whose maturity date is set as the last reset date of the underlying swap. It is also...
An alternative term for a range forward contract. By definition, it is a variation on a regular forward contract which...
An interest rate cap in which the number of caplets are less than reset periods. This feature makes a flexible...
An interest rate cap in which the number of caplets are less than reset periods. This feature makes a flexible...
A floating-rate note (floater) which entails the payment of a coupon only up to a preset maximum level of the...
A standardized, exchange-traded contract to buy or sell a money market security at a set price on a particular future...
An option combination that longs a call and a put simultaneously in order for an investor to protect himself/ herself...
An option combination that longs a call and a put simultaneously in order for an investor to protect himself/ herself...