A digital option that pays out if the underlying doesn’t touch (breach) a specified barrier. Therefore, the option includes a...
A derivative or fixed-income security which features high convexity, i.e., its sensitivity changes with the passage of time or with...
It stands for near-the-money option; an option contract in which the underlying's market price is very near to the strike...
An option contract in which the underlying's market price is very near to the strike price. For example, a call...
It stands for notional principal amount; the nominal value that is used to calculate swap payments. For example, in an...
The nominal value that is used to calculate swap payments. For example, in an interest rate swap, each period's interest...
The use of derivatives such as options and swaps in the construction of a portfolio of assets/ investments. Notional leverage relates to other types of leverage...
An OTC-traded financial instrument (option) that allows the holder to take views on the volatility of a market. In its simplest form,...
The payoff of a derivative contract that may move proportionally more or less than the price of its underlying. In general, derivatives subdivide into...
The payoff of a derivative contract that may move proportionally more or less than the price of its underlying. In general, derivatives subdivide into...
