A complex options trading strategy which involves taking a long position in a ratio call spread (call backspread) and a...
A quanto spread that is constructed using two forward rates. It is mainly used to hedge quanto risk in the interdealer market. This spread can be...
A knock-out option in which the barrier is triggered when the option gets in the money (ITM). The barrier level knocking the option out would...
An option-based strategy that is mostly used in currency (and interest rate) markets and involves the purchase of a foreign exchange...
In essence, beta is a measure of how a stock’s volatility changes in relation to the overall market. An option's beta is the covariance of the option's return...
It stands for target redemption forward; a structured product (specifically a target redemption note) which consists of a strip of forwards each of which...
A structured product (specifically a target redemption note) which consists of a strip of forwards each of which has its payout as the difference between...
AÂ mountain range option in which some of the best and worst performing stocks are trimmed from the basket of underlying...
An option (here a call) that allows the holder of a callable bond (which is also a convertible bond) to...
An option (here a call option) that allows the holder of a callable bond (which is also a convertible bond)...