Search
Generic filters
Filter by Categories
Accounting
Banking

Vanishing Option

An option that expires or pays off if the underlying hits or exceeds the outstrike price. For example, in the…

Underwater Option

Alternative term for an out of the money option. Always from buyer’s perspective, it is an option whose underlying’s market…

Xccy Forward

A forward contract which allows the holder to lock in today an exchange rate at a future date. With this…

UDI Swap

An interest rate swap in which one leg is a fixed rate referenced to the UDI index (or the Unidades…

Range Accrual Bond

A bond that pays interest only if the floating interest rate (such as LIBOR) or aninterest rate option underlying a…

Quadruple Witching Week

The week that begins on Monday prior to the Saturday expiration of any four classes of option contracts. The week…

Quadruple Witching Month

The month that that marks the expiration of any four classes of option contracts. This month, the last month in…

Quadruple Witching Day

The day on which any four classes of option contracts (stock index futures, stock index options, stock options and single…

Paper Profit

It refers to unrealized capital profits in an open position in options or futures (or generally in an investment portfolio).…

Paper Loss

It refers to unrealized capital losses in an open position in options or futures (or generally in an investment portfolio).…