An asset swap whose underlying is a convertible security. In terms of composition, it is a combination of an asset…
A stock that is issued by a company with a market capitalization of more than $300 million and less than…
An interest rate derivative which gives its holder a multiple exercise option to exercise into various underlying interest rate instruments.…
An interest rate swap in which both legs are based on floating rates. One leg is capped, that is, the…
The payment for brokerage firm services that is secured by commissions received from trades. More specifically, an investor who has…
An option strategy whereby the same number of call options are simultaneously bought and sold at certain strike prices to…
A market situation that occurs when price decreases incites traders holding long positions to sell their ways out of their…
An hedged position in which the investor purchases more than one call option for each unit of the underlying he…
A trader who provides exchange services to buy-side traders (or investors). Sell-side traders either trade on behalf of their clients…
An option valuation model which is used for pricing foreign currency options. It is similar in form to the Black-Scholes…
