The volatility of an underlying price/ rate (in a derivative) that is predicted today as associated with a future date....

A window barrier option that has a vanilla payoff at expiration and is subject to a single or double American...

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

A forward contract has no value at the time it is first entered into (i.e., its net present value is...

The difference between the "expected" forward rate and the current spot rate. In other words, this situation arises from a...

The difference between the current spot rate and the "expected" forward rate. In other words, this situation arises from a...

An interest rate swap or a cross-currency swap in which payments are delayed till a specified time in the future....

An option that gives the holder the right, without the obligation, to enter into a futures contract at a specified...

A monetary constant that is set by an exchange in order to calculate the monetary (dollar) value of a stock...

The risk that arises from loss-making events with regards to an asset or portfolio of assets. This usually happens when...