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European-Style Quanto Digital

A quanto digital option that can only be exercised at its expiration date. It pays the difference between the spot...

American Digital

A one-touch option which pays a preset amount at the point when the underlying touches the barrier, rather than at...

Accrual Option

An option on an option which is made up of a strip of European digital or binary options. In this...

Digital Cap

A digital option that constitutes a cap combined with a European upper barrier. More specifically, it is an option whose...

DRO

It stands for delayed range digital option; a digital option in which the payoff accrues as the reference price or...

Delayed Range Digital Option

A digital option in which the payoff accrues as the reference price or rate lies inside a predefined range (a...

Digital Option

A type of option whose payoff is determined in a fixed amount of a particular monetary or financial asset or...

Double Barrier Binary Option

A double barrier option whose payoff at expiration date is equal to that of a binary option in case during...

Double One-Touch Option

A one-touch option with two American barriers. An investor, buying the option, has the right to define the two barriers:...

Double No-Touch Option

An option, also known as a range binary option or a double lock-out option, whereby an investor can receive a...