Though it has several meanings in different contexts, it is usually defined as a tool that measures the sensitivity of...

An interest rate swap (fixed for floating rate swap) in which the floating rate is calculated by raising the LIBOR...

An option contract that has another option contract as underlying. This product depends on volatility of volatility (vol-vol) and therefore...

A tool that measures the sensitivity of convexity of duration or modified duration to a change in yield. It could...

A measure of a bond's convexity which takes into account the convexity of options embedded within the bond. It captures...

A derivative or fixed-income security which features high convexity, i.e., its sensitivity changes with the passage of time or with...

An option-related instrument or fixed-income security which features low or no convexity, i.e., its sensitivity changes with the passage of...

A measure of a bond's convexity which takes into account the convexity of options embedded within the bond. It captures the curvature of the price/yield...

A duration measure that is derived from multiplying a bond's modified duration by the bond price. It is the price change for a 100 basis points change in yield....

A convexity measure that captures the the approximate change in a bond's dollar price that is not explained by duration. Dollar convexity= convexity ×...