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Cancelable Compounding Swap

A compounding swap that can be terminated on preset payment dates. Once terminated, the swap requires the floating-rate payer to...

Floating for Floating Swap

A swap which is based on two floating rates of the same currency but with different tenors (e.g., a 6-month...

Cancellation of a Swap

The act of terminating a swap agreement by mutual consent of the parties at an early date before maturity. The...

Cancellation

In connection with swaps, it is an agreement between the two parties in which they have agreed to terminate the...

Escalating Swap

An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly...

Escalating Principal Swap

An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly...

Non-Standard Swap

A swap that has additional or more complicated features as to a vanilla swap (standard swap). Non-standard swaps are designed...

Forward Swap

An interest rate swap or a cross-currency swap in which payments are delayed till a specified time in the future....

Exotic Swap

A swap that has additional or more complicated features as to a vanilla swap (standard swap). Exotic swaps are designed...

VOV

The volatility of volatility. A measure of volatility which supposes that volatility is a random market risk variable, rather than...