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Derivatives




Quanto Asian Option


An option that results from the combination of an Asian option with a quanto option. The payoff, which is quoted in a another currency different from that in which the underlying asset price is denominated, depends on the average price of the underlying price over a specified period.

It is a path-dependent option whose payoff is settled in a currency other than the one denominating its price.



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Derivatives have increasingly become very important tools in finance over the last three decades. Many different types of derivatives are now traded actively on ...
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