The total commission costs that are associated with buying or opening a position (long position) and also selling or closing...

A call option that insures the opposite event of a crash, i.e. a market rally. This event occurs when the...

The issuer of the debt that is "insured" by a credit derivative. In other words, it is the institution (known...

It stands for reverse knock-in option; a knock-in option (KI option)- a barrier option-that becomes in the money once the...

A knock-in option (KI option)- a barrier option-that becomes in the money once the defined barrier is hit and breached...

An employee stock option (ESO) that confers on the holder (the optionee) supplementary options after the original option is exercised....

A swap which combines an interest rate swap and a swaption on double the notional principal amount (NPA) of the...

A steepener where interest only accrues on days when the spread between two swap rates falls or remains within a...

An option trading strategy (options arbitrage) which involves buying a call and selling a put at the same strike price,...

A volatility measure which is premised on "time-varying" volatility and factors' co-dependency. In other words, the underlying volatility and mutual...