The maximum of zero and the amount by which the daily average temperature exceeds 65 Fahrenheit. The average temperature is…

A derivative whose underlying is the freight price/rate in the shipping markets (such as the container ship markets). Shipping derivatives...

A collection of options (exotic options) that developed beyond the boundaries and limitations of plain vanilla options, in the decade...

A breed of exotics that has developed as simple or standard additions/ features to derivatives (as opposed to 2nd generation...

A breed of exotics that has developed as simple or standard additions/ features to derivatives (as opposed to second-generation exotics...

A derivative contract whose value is derived from the value of a fixed-income security, that is, it has it as...

An energy derivative in which the underlying is the price of electricity. This derivative allows the buyer (holder or long)...

A special type of equity derivatives that is linked to a corporate issuer's common stock. It is usually issued by...

A derivative contract which is primarily used for hedging purposes by insurance firms. Such a derivative is designed to provide...

A derivative which has an economic variable or a macroeconomic index as underlying. The first exchange-traded economic derivative (the Consumer...