An agreement between two parties to exchange interest rates, asset performances or prices or almost any economic values on a...
An agreement that a seller and a buyer enter into in order to exchange a straddle option at a specific...
A variant on variance swap that allows investors to take a view on future variance swap rates rather than bet...
FRA, for short, is an over-the-counter (OTC) agreement to apply a certain interest rate to either lending or borrowing a...
An instrument (derivative) which derives its value from the performance or price movement of a financial instrument or index. Examples...
A bleed that measures the effect of time on an option contract (or an options portfolio) as it becomes closer...
A spread option position whereby the price of the option purchased (long option) exceeds the price of the option sold...
The empirical tendency of higher interest rate currencies' return to outperform the return of lower rate currencies. This can be...
A Bermudan swaption whose maturity date is set as the last reset date of the underlying swap. It is also...
An alternative term for a range forward contract. By definition, it is a variation on a regular forward contract which...