An enhanced alternative to a variance swap. In view of the insensitivity of variance swap to the level of the...

A barrier option whose barrier has non-standard (exotic) features. Examples of exotic barrier options include: digital barrier options, step barrier...

A category of options which trade over the counter and have unusual features including complicated components and complex payoffs. They...

A derivative that is listed on a regulated exchange (whether specialized- i.e., for a given derivative, or general), which has...

The greeks of exotic derivatives- such as exotic options, exotic swaps, etc. Exotic greeks measure the sensitivity of exotic derivatives...

In general, it is the span of time during which a derivative (e.g., an option) can be exercised. For example,...

A kind of path-dependent option whose payoff is equal to the difference between the average underlying price during the time...

A European option contract which gives the holder the right, but not the obligation, to sell an underlying asset at...

A European option contract which gives the holder the right, but not the obligation, to buy an underlying asset at...

It stands for Eurodollar futures; a futures contract on a Eurodollar interest rate such as the 3-month (90-day) Eurodollar interest...