Always from buyer’s perspective, it is an option whose underlying’s market price at a given point within its time to...

An order to purchase or sell only one particular type of futures contract. That is, the order doesn't involve taking...

An option where the holder is long put on the worst performing stock (asset) among a specified number of stocks...

A deal involving a derivative contract whose maturity date is not associated with a standard maturity (reference point). Banks usually...

A date that doesn’t fall on standard maturities of forward/ futures contracts. Banks normally quote forward rates for specific standard...

A structured note (FRN) that pays a floating interest rate referenced to a popular market rate such as LIBOR. Each...

An accrual swap in which any downward or upward slide of an underlying out of the boundaries of a specified...

Also known as extrinsic or instrumental value, it is the portion left of the option value (the price) when its...

Option contracts which are written not on derivative instruments and equity assets such as futures, stocks, or indexes, but otherwise...

A forward exchange contract which gives the buyer the right to choose when to exchange currencies between two preset dates....