The extra money which is required to top off the balance in a margin account to the initial margin following...

A proposed option whose payoff is linked to the magnitude of volatility in a given market. In other words, the...

A delta-neutral option spread which is usually established in order to take a view or speculate on changes of market volatility...

An option on a defaultable instrument, which is, as such, subject to default risk resulting from the probability that the instrument’s issuer could not honor its contractual...

A standard option with no special or add-on features. Generally, vanilla products have standard and well-defined properties and trade actively. This category...

The band or range in which volatility changes upwardly and downwardly, but not exceeding its upper and lower boundaries. In simple terms,...