An interest rate swap that grants the fixed rate payer (or also the floating rate payer) the right to terminate…
It is a volatile options strategy, a variant on a ratio backspread (specifically a credit spread), which is the exact...
The notional principal of a derivative contract such as a forward contract, futures contract, option, or swap. For example, the...
A currency option which is combined with a trigger price feature whereby it is converted into a forward forex contract…
A swap which is similar to a tesobono swap, but with the collateral being the federal Treasury certificates/ Los Certificados…
A neutral strategy (originally a long straddle) that is based on two legs involving two at-the-money calls or close to…
A lookback strike option which gives the holder the right to retroactively cash in the contract at the largest difference…
A futures option whose underlying is a specific interest rate. The holder of such an option, by exercising it, obtains…
An interest rate swap in which the floating rate is set in arrears. This means, the floating rate is determined…
A barrier option which has additional (adjustable) barrier levels. Each time a barrier level is breached, the strike of the…