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Equity Basket Option

A basket option whose underlying is a portfolio consisting of a set of stocks or based on a stock index....

Basket Option

A family of options whose underlying is a basket of assets, commodities, securities, currencies, etc. This multivariate option (warrant) is...

Cash-Settled Option

An option that is settled for cash, instead of its underlying being actually delivered following exercise of the option. The...

Correlation Derivative

A derivative whose underlying is the correlation between two or more financial variables such as prices, returns, performances, etc. In...

Multi-Asset Option

An exotic option whose payout (payoff) depends on the overall performance of more than one underlying asset, as opposed to a standard vanilla...