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Banking

Elf-X Option

It stands for equity-linked foreign exchange option; a compo option that gives the holder the right to trade a foreign…

Equity-Linked Foreign Exchange Option

A compo option that gives the holder the right to trade a foreign equity, with a strike denominated in the...

Currency-Protected Option

An option on foreign assets where the writer of the option bears the exchange rate risk against a premium paid...

Compo Option

An exotic option whose underlying is a foreign asset (like a foreign equity) denominated in either domestic or foreign currencies and struck...

Composite Option

A currency option- usually on a foreign currency or a currency basket or index- that is made or written at...