A correlation measure that reflects the level of linear relationship between two assets or more within a specific period of...

A financial product (derivative) that tracks the performance of an underlying asset on a one-to-one basis. In other words, if...

The first-order sensitivity (delta) of the price of a multi-asset option to a move in the correlation(s) between two underlyings...

The first-order sensitivity (delta) of the price of a multi-asset option to a move in the correlation(s) between two underlyings...

An agreement to exchange the realized variance rate between the time of entering into the agreement and expiration date, based...

It stands for value-at-risk; the amount of loss that is expected, at some specific or pre-specified probability (confidence level), to...

The amount of loss that is expected, at some specific or pre-specified probability (confidence level), to be reached or exceeded...

An over-the-counter swap that allows investors to take bets on, or hedge against, risks associated with the empirical correlation of...

An exotic option whose payoff depends on the prices of a set of underlying assets, where the option is priced...

A binary option (digital option) whose underlying is the correlation between two assets or indices: the measurement instrument and the...