An option whose payoff is random at a random time, such as a stock option that pays its intrinsic value...

A credit default swap (CDS) which comes into life at some future start date, provided that no default event occurs...

An interest rate cap in which the total number of exercisable caplets is limited. That is, it is similar to...

The difference between two forward rates or two forward prices. This spread can be used to calculate the payoff and...

An option or forward contract that involves the sale or purchase of a currency or commodity at a given price...

An exotic option in which the premium is paid in the future on the condition that the price of the...

An interest rate swap that is entered into today, but it will come into effect at some agreed-upon future date....

The relationship between the prices of calls (call options), puts (put options), and futures (futures contracts) on the same underlying...

Investors using futures contracts must post margin (in the form of cash or marketable securities) in an account maintained by...

The minimum amount which is set by futures exchanges to be maintained daily by the parties to a futures contract...