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Geometric Average Rate Option

An Asian option whose payoff depends on the geometric average price of its underlying asset. For example, the payoff of...

Compound Average Rate Option

An option which gives it holder the right, without the obligation, to buy a currency average rate option / ARO...

Average Rate Call

An average rate option which gives the holder the right, but not the obligation, to buy the underlying asset, with...

Average Rate Cap

An interest rate cap (i.e., a contract on a maximum interest rate) whereby the seller pays the buyer, at periodic...

Average Rate Option

An option in which the exercise price is equal to the average of the asset’s price over the life of...

Weighted Average Rate Option

An average rate option in which the weighting of a given periodical price or rate (daily, weekly, monthly, ..) is...

DARO

It stands for double average rate option; a double average option in which the strike price is not set at...

Double Average Rate Option

A double average option in which the strike price is not set at the time of trade. Instead, the strike...

Fixed Strike Asian Option

An option (Asian option) whose payoff depends on the average price of the underlying asset during at least some part...

Multiperiod Option

An option structure in which the payout depends on the value of the underlying on several points in time (e.g.,...