A credit spread option which gives the holder the right, but not the obligation, to buy a defaultable reference bond...

By definition, it is a cash-settled call option whose underlying is a basket of reference entities (known also as basket...

A shortcut for basket credit event binary option. By definition, it is a cash-settled call option whose underlying is a...

It stands for a bounded floor. A modified interest rate floor in which the total payout is limited (bounded). The...

The expected future values of the Bond Market Association (BMA) index, where expectations are taken in the corresponding forward probability...

It stands for a bounded cap; a modified interest rate cap in which the total payout is limited (bounded). The...

A methodology which is used by an exchange clearinghouse to calculate the number of outstanding futures contracts in order to...

A type of binary options whose stated strike price is different from its payoff strike. That is, there is a...

An option which gives the holder the right to choose between receiving a vanilla call option or a vanilla put...

A nonstandard derivative instrument which contains more than one elementary financial instrument or has complex, discontinuous, or leveraged payout patterns....