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Equity-FLEX Option

An exchange-traded stock option with non-standard features in terms of the strike price, maturity, or exercise style (American-style, European-style, etc).…

    Bitcoin Futures

    A futures contract (a currency futures) in which the underlying is the exchange rate of bitcoins against a currency (broadly…

      Enumerated Hedge

      A hedge (hedging transaction) that is exempted from position limits as decided by an exchange. Examples of enumerated hedging positions...

        Position Limit

        The maximum number of option contracts that an investor can hold on one side of the market. Accordingly, long calls...