It stands for non-equity option; an option whose underlying is a security other than stock, such as a commodity, debt...

It stands for capped index options which are exchange-traded options with a European exercise in which a maximum level is...

An option that allows its holder to lock in the profit of optimal trading on a specified asset subject to...

An abbreviation for growing degree days; a measure that is used in weather derivatives. By definition, it is the degrees...

It stands for short against the box; a short sale against the box of a stock is a trade in...

It stands for treasury rate index principal swap; an index principal swap in which the floating rate leg is based...

It stands for target redemption note. A structure that terminates whenever a maturity is reached or the total amount paid...

It stands for forward shooting grid; a variant of the lattice tree methods (binomial trees/ trinomial trees) that is used...

It stands for option-adjusted spread; the credit spread that is added over the spot rates (the Treasury spot rate curve,...

It stands for collateralized debt obligation; an investment-grade bond that is backed by a pool of variously-rated debt obligations including...