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Power LIBOR Swap

An interest rate swap which pays LIBOR square (LIBOR is raised to the second power) or any power of the...

Partial Fill Plus Option Swap

Mostly, a commodity swap with an option-like feature where one counterparty receives an above-market fixed rate and pays the at-market...

Power Swap

An interest rate swap in which the floating rate leg pays LIBOR square (LIBOR, or any floating reference rate, is...

Amortizing Option

An option whose underlying asset is an interest rate (hence called: an interest rate option) or an interest rate swap...

Amortizing Collar

An interest rate collar (collar - collar option) which covers notional principal amounts (NPAs) decreasing on a scheduled basis. Amortization...

Amortizing Swap

An interest rate swap whose notional principal amount (NPA) declines over its life according to a specific amortization schedule. The...

B-S Model

It stands for Black-Scholes model; a valuation model which is used to price financial options under a number of simplistic...

2nd Order Greeks

A second-order Greek is a second-order derivative of the option value with respect to some variable. Equivalently, it is the...

Black-Scholes Model

A valuation model which is used to price financial options under a number of simplistic assumptions, including specifically that the...

Black’s Model For Valuing Futures Options

An option pricing model that is used to value European futures options. This model was first developed by Fischer Black...