An option on a CDS tranche. It gives the holder the right, but without the obligation, to buy or sell...

An option on a tranche. It gives the holder the right, but without the obligation, to buy or sell an...

A credit derivative in which the underlying is a portfolio of credit names (credit portfolios). This type of derivatives is...

A credit portfolio derivative, specifically a portfolio default swap in which the protection buyer may change the actual composition of...

An abbreviation for dynamic portfolio swap; a credit portfolio derivative, specifically a portfolio default swap in which the protection buyer may…