According to the Black-Scholes model, it refers to the premium which makes both the option seller and buyer break even....

Also floating rate note (FRN). It is a note bearing a variable interest rate which is usually readjusted every six...

An option on an option which is made up of a strip of European digital or binary options. In this...

A swap which is based on two floating rates of the same currency but with different tenors (e.g., a 6-month...

A swap that is used to fix the price of a given commodity such as jet fuel or gas. It...

A swap whose notional principal amount (NPA) doesn't vary over its tenor. Each cashflow is calculated using a constant notional...

An option (Asian option) whose payoff depends on the average price of the underlying asset during at least some part...

A forward or futures contract whose underlying is implied volatility. The parties to the contract trade implied volatility: buyers are...

A swap agreement that entails the payment of fixed forward points set at the time of trade in exchange for...

A swap agreement that entails the payment of fixed forward points set at the time of trade in exchange for...