An exceptional procedure to exercise expiring in-the-money options in order to protect option holders against their options turning out-of-the-money. This...
It stands for credit support annex; a collateral arrangement the purpose of which is to mitigate counterparty risk in an...
A collateral arrangement the purpose of which is to mitigate counterparty risk in an OTC derivative contract such as swaps....
An option on a swap futures. This option replicates the European-style convention of an OTC option with exercise taking place...
A yield curve that depicts the relationship between the swap rate and maturity of a swap. In cases where the...
A yield curve that depicts the relationship between the swap rate and maturity of a swap. In cases where the...
It stands for contingent credit default swap; a credit default swap (CDS) which is “contingent” upon the setting-off of two...
A credit default swap (CDS) which is “contingent” upon the setting-off of two triggers. The first, as in an ordinary...
A credit default swap (CDS) which is “contingent” upon the setting-off of two triggers. The first, as in an ordinary...
A trade that deactivates (typically with zero-recovery) if either party defaults regardless of which is in the money. It also...