The characteristics of derivatives which allow the holder to achieve a much greater reward, or otherwise incur a far greater...

An exotic option which offers a guaranteed payout if the underlying breaks through a preset price/ rate at a specific...

A type of capped floored floating rate note in which the floored coupon varies over the life of the note/...

A step option which is equipped with a downward strike price reset mechanism effective within a limited period at a...

A standard option where part or all of the premium is deferred, depending on the spot price reaching preset triggers...

A contingent premium option where the holder pays no upfront premium. However, the premium gets paid in a series of...

A standard swap structure in which swaps have generic or well-defined features, especially in relation to coupons, notional principal, swap...

A barrier option which has barriers both above and below the current underlying price that widen or narrow in steps...

A barrier option (typically a knock-out barrier option) in which the barrier(s) evolves as a step function of time. The...

A barrier option in which the barrier level is not constant but rather it changes value upward at fixed points...