A measure of a bond's convexity which takes into account the convexity of options embedded within the bond. It captures the curvature of the price/yield...

An equity swap where one party periodically pays a fixed amount and receives an amount based on the performance of a basket...

A state of the delta of an option which makes the variation of an in-the-money option's hedge ratio extremely wide just prior to expiration. It is...

A swap in which an extension option is embedded. This means, one party (typically the fixed-rate payer) has the option to extend or prolong the...

A swap (interest rate swap, cross-currency swap) which initiates or kicks in at a forward start date which coincides with the date at...

The dates on which options on a particular underlying expire. The expiration day of an option is the last day the option...

The fixed price at which the underlying asset of an option contract may be bought or sold. For example, the...

It usually equals the position limit. However, by definition, it is the maximum number of option contracts that can be...

An option that can only be exercised on expiration date. An American option, in contrast, may be exercised at any...

A nonstandard derivative instrument which contains more than one elementary financial instrument or has complex, discontinuous, or leveraged payout patterns....