Tools that measure how an option's price and risk are affected by the underlying parameter on which the value of...

The sensitivity of an option price to the change in its underlying asset price. Differently stated, it is the change...

An option contract that has another option contract as underlying. This product depends on volatility of volatility (vol-vol) and therefore...

Typically, an interest rate swap whose fixed rate payment substantially deviates from currently prevailing coupon rates on debt instruments with...

A derivative instrument which is traded and privately negotiated in over-the-counter markets, i.e. directly between the two parties involved, without...

An option (specifically a dispersion option) which gives the holder the right to exchange one asset for another. It is...

It stands for off-balance sheet instrument; a contract which is mainly based on a notional principal amount and represents a...

A contract which is mainly based on a notional principal amount and represents a contingent liability on an institution. It...

The unrealized gain or loss on open positions in futures. That is, an OTE is the net of unrealized profits...

It stands for open trade equity; this refers to the unrealized gain or loss on open positions in futures. That...