The breakeven coupon on a swap is the coupon that gives the swap a zero value. For example, in a...
The value of an asset swap spread which makes the net present value of all of the cash flows generated...
An inflation-indexed swap which has both cash flow legs paying out at maturity. This swap is based on an exchange...
A barrier option whose barrier has non-standard (exotic) features. Examples of exotic barrier options include: digital barrier options, step barrier...
A category of options which trade over the counter and have unusual features including complicated components and complex payoffs. They...
A financial contract whose proceeds, characteristics and value depend on (and so are derived from) the proceeds, characteristics and value...
A financial instrument whose performance, characteristics and value depend on (and so are derived from) the performance, characteristics and value...
The rate at which a seller is willing to exchange an asset (a commodity, a currency, etc.) at a specified...
A wrangle, i.e., a complex ratio spread in which a long position is taken in the two ratio backspreads in...
An exotic cross-currency swap whose maturity is typically long-dated, up to 30 years, while its coupons are options on the...