The rate at which a seller is willing to exchange an asset (a commodity, a currency, etc.) at a specified...
A multi-asset derivative whose components don’t belong to the same asset class. In general, financial derivatives can be divided into...
An over-the-counter (OTC) contract that obliges its holder to buy or sell a specific asset for a predetermined delivery price...
It stands for target redemption swap: a swap- or virtually a series of forward contracts- whereby the agreement terminates when...
A swap- or virtually a series of forward contracts- whereby the agreement terminates when the total sum of the positive...
The price of the underlying asset of a forward contract. In other words, it is the price at which a...
A variant of the range forward contract which has some type of participation in the movement of the underlying below...
A derivative instrument which is traded and privately negotiated in over-the-counter markets, i.e. directly between the two parties involved, without...
A forward contract which is enhanced with an embedded floor to protect the holder from substantially adverse price movements in...
A derivative or fixed-income security which features high convexity, i.e., its sensitivity changes with the passage of time or with...