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Near Perfect Floater

A floater that is embedded with caps or collars (caps and floors) so that the floating rate movement (adjustment) is…

CAPS Option

It stands for capped index options which are exchange-traded options with a European exercise in which a maximum level is...

Capped Index Options

Exchange-traded options with a European exercise in which a maximum level is placed on the payout in the form of...

CAPS

It stands for capped index options which are exchange-traded options with a European exercise in which a maximum level is...

Trigger Option

A provision which is typically attached to a CAPS option, whereby it terminates before expiration date and is settled at...

Put CAPS

A CAPS “option” in which a maximum level is placed on the payout in the form of a specified points...

Call CAPS

A CAPS “option” in which a maximum level is placed on the payout in the form of a specified points...