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Event Derivative

A derivative contract that is not typically backed by an underlying financial asset, physical commodity, index performance, index volatility, etc....

External Barrier Option

A barrier option in which the reference rate used to trigger the underlying differs from the one used to compute...

Expiration Pin Risk

The expiration variance which is associated with an options position. In practice, there is a lag between the close of...

ECL

It stands for expected credit loss; the long-term average cost that arises from a series of defaults expected to take...

Expected Credit Loss

The long-term average cost that arises from a series of defaults expected to take place in a swap (or broadly...

Embeddo

An option which is added to another instrument as a right to exercise in relation to that instrument. However, embeddos,...

Embedded Derivative

A derivative instrument that is attached to a financial instrument in combination with a host contract. The combination of a...

Embedded Option

An option which is added to another instrument as a right to exercise in relation to that instrument. However, embedded...

Equity Derivative

A derivative instrument whose underlying value is derived from or based on a stock of equity or a stock market...

Equity Index Installment Option

An installment option which has an equity index as underlying. The option premium is paid on a periodical basis- monthly...