It stands for power reverse dual currency swap, which is an exotic cross-currency swap whose maturity is typically long-dated, up...
An exotic option that allows the holder to buy or sell an underlying asset at the best possible price that...
An iterative numerical methodology that is used to construct the spot zero rate curve implied by coupon-bearing, usually Treasury bonds....
A third-order greek that captures the rate of change of gamma with respect to changes in the volatility (implied volatility)...
An accrual swap in which any breach (touch) of the range upper or lower boundary terminates all further potential for...
Tools that measure how an option's price and risk are affected by the underlying parameter on which the value of...
The sensitivity of an option price to the change in its underlying asset price. Differently stated, it is the change...
An option contract that has another option contract as underlying. This product depends on volatility of volatility (vol-vol) and therefore...
A pricing structure in securities, foreign currencies and commodities trading wherein the prices of near future deliveries exceed those of...
A commodity swap in which two counterparties exchange cash flows based on two prices: the sport price and the future...