A third-order greek that measures the sensitivity of the option vomma (volga) in response to a change in volatility. It...
A conditional variance swap (also a corridor variance swap) in which realized volatility accrues when the underlying remains above a...
A put option which confers on the holder the right to buy the underlying stock at a price below the...
An option strategy which is established by taking a short position in an underlying not currently owned by the position...
A total return swap (TRS) entails the payment of fixed or floating interest in return for the total return of...
A total return swap (TRS) entails the payment of fixed or floating interest in return for the total return of...
An out-of-the-money call option. Always from buyer’s perspective, it is a call option whose underlying’s market price at a given...
The termination of a swap or other OTC derivative prior to its maturity date. The cancelling counterparty pays the other counterparty a lump sum amount...
A credit derivative in which the investor, i.e., the credit protection seller, doesn't make an upfront payment to the credit protection buyer when the latter...
A derivative contract that is not traded in active markets. Examples of unlisted derivatives include forward contracts, unlisted swaps, unlisted options, etc. These contracts are customized,...
