Exchanges

Midpoint Peg Order

April 4, 2022
Derivatives

Long-Term Equity Anticipation Security

April 4, 2022

Share

An option on a swap (a swaption) which expires after more than a year (e.g. 1, 2 or 3 years). The option would allow the holder to enter into a swap in the future beyond commonly prevalent option maturities.

It is a long-dated option whose underlying is a swap.

Leave a Reply

Related Tags

All Topics in the Letter