A swaption which grants the holder, as in a credit default swaption, the right to enter into an index default...

A variance swap in which the buyer (the long) receives, at maturity, the realized daily variance of the reference underlying...

A forward swap rate that is implied from the market forward swap rate and a "forward" bond yield to maturity...

The magnitude of the instantaneous fluctuation of a dynamic process, e.g., the log of an underlying asset price/ underlying rate...

A combination of two interest rate caps, literally: a long position on an interest rate cap and a short position...

An index option which gives the holder the right, but not the obligation, to buy upon exercise the value of...

A modified version of the barrier floor. It is an interest rate floor that comes in the form of an...

It stands for individually capped basket call, which is a call option that is based on an underlying basket of...

A shari’a-compliant form of derivatives that is based on using contracts such as salam, back-to-back loans, etc, and applying tools...

A futures contract that is based on individual exchange-listed stocks. This constitutes a binding commitment made through a futures exchange...