The instrument or contract that would have existed by its own if the hybrid element (embedded derivative) was not made...

An synthetic option strategy that involves a position in an option combined with a position in the underlying. The strategy...

The variation in volatility that arises when the standard deviation of a rate/ price has, itself, a standard deviation. Heteroskedasticity...

A combination of an inverse floating-rate note and a principal currency swap which is designed to hedge a direct exposure...

A nickname for a Call Or Put (COP), which is an option (or warrant) with an embedded provision giving the...

In a broader context, a single or combined position which is designed to reduce a specific type of risk, usually...

A calendar that determines which days are not working days for the purposes of setting or determining payment dates in...

One of the numerous names for corridor option. By definition, it is a path-dependent option that is typically embedded in...

A cross-currency swap which provides one of the parties with a partial protection of the final exchange notional. However, a...

An option strategy where an investor who owns (or takes a long position in) an underlying security buys an out...