A preferred stock that has no redemption date. In other words, this fixed-rate equity instrument allows the holder no participation…

A perpetual floater which contains a call option given to the issuer. However, if the issuer doesn’t exercise this option…

An abbreviation for close-to-the-money option; an option contract in which the underlying’s market price is very near to the strike…

It stands for convetible bond asset swap; an asset swap whose underlying is a convertible bond. In terms of composition,…

A par asset swap whose underlying asset (e.g. a convertible bond) is repackaged with an equity warrant stripped therefrom, with…

A perpetual FRN which contains a call option given to the issuer. However, if the issuer doesn’t exercise this option…

One of the most popular option strategies, in which a naturally bullish investor focuses on the steady upward movement of...

An arithmetic Asian option in which the payoff is determined with respect to the arithmetic average price of the underlying...

A fixed strike lookback option in which the lookback period (partial time- PT) starts at a preset date after the…

A turbo certificate that aims to bet on price increases. The participation in the upward movement of the underlying will…