A forward option in which the payout is measured as the difference between the forward rate (or the strike) set out in the contract and the forward rate averaged out across the fixing dates over the option’s life.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Comments