A forward contract at a forward rate that allows the holder to break or unwind the contract with an opposite…
An option strategy that combines a bull spread and a bear spread, each with a different exercise price. This strategy…
An option whose payoff is partially based on the movement of its underlying asset from initial cash price to the…
A two-asset option that has a predetermined time window (monitoring period) during which one of two underlying assets is observed…
An acronym for traffic-light option, which is an OTC option that belongs to the class of correlation derivatives, and which…
A variant of an average rate option (Asian option) whose payoff is linked to the trend of its underlying, instead…
A fixed strike lookback option in which the lookback period (partial time- PT) starts at a preset date after the…
A futures option whose underlying is a specific interest rate. The holder of such an option, by exercising it, obtains…
A credit linked note (CLN) whose redemption and coupon payments are linked to a single default event and also depend…
A floored put whose payoff is received instantaneously by the option holder. The payoff is a cash amount equal to…