An interest rate cap that has its rates reset in arrears and likewise paid in arrears. However, in practice, a…

A path-dependent option in which the payoff is based on an average of underlying asset prices, interest rates, indices, or…

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

A volatility trading strategy that combines an at-the-money forward call (ATMF call) with an ATMF put with opposite deltas, in…

An option that combines an Asian option with an American option. Effectively, the combination produces an Asian option which allows…

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

An interest rate floor that has its rates reset in arrears and likewise paid in arrears. However, in practice, a…

A capped call which has the features of an American option (American-style option). More specifically, it is a call option…

A clause in a contract, agreement or contractual obligation, such as a swap, whereby it is allowable to terminate the…

An interest rate swap which allows a firm to pay a fixed rate and receive a floating rate with an…