An option that expires or pays off if the underlying hits or exceeds the outstrike price. For example, in the…

A type of option which effectively comes into life at a future date and is traded before that date and…

A basket currency option that constitutes a put on a collection (basket) of currencies treated together as a portfolio. A...

A basket currency option that constitutes a call on a collection (basket) of currencies treated together as a portfolio. A...

An option contract (a currency derivative) that gives its holder the right, but without the obligation, to buy or sell...

It stands for all-or-none exercise; a style of exercise for options whereby the holder cannot exercise only on part of...

A style of exercise for options whereby the holder cannot exercise only on part of a basket or portfolio of...

An option that combines the features of both currency options and basket options. By definition, it is a put or...

A complex hedging technique which is designed to mitigate different risk exposures usually associated with options. Those exposures are often…

The point at which a long option or a long option spread executed as a debit will break even in...