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Callable Bull/ Bear Contract

A type of structured product whose price movement is closely linked to the performance of an underlying asset. Upon issue,...

Quanto Futures

A cross-currency, cash-settled futures contract which has an underlying denominated in one currency (e.g., a foreign currency) and is settled...

Swaption

An option on a swap, that is, an option contract which allows the holder to enter into a swap. An...

Exchange-Listed Derivative

A derivative that is listed on a regulated exchange (whether specialized- i.e., for a given derivative, or general), which has...

Listed Derivative

A derivative that is listed on a regulated exchange (whether specialized- i.e., for a given derivative, or general), which has...

Back Stub Period

The last interim (reset) period (stub period) in the life of a floating rate instrument such as interest rate swap...

Front Stub Period

The first interim (reset) period (stub period) in the life of a floating rate instrument such as interest rate swap...

Weighted Average Price Option

An average rate option in which the weighting of a given periodical price or rate (daily, weekly, monthly, ..) is...

Wedding Warrant

A warrant which protects the issuer from a potential increase of its outstanding debt above the initial level, in the...

Writing Naked Options

A naked option is an option that is not covered with an offsetting position in the underlying. In other words,...