A call option on a put option. It gives the holder the right, without the obligation, to purchase a put…

It stands for credit-linked note. A credit-linked hybrid that combines a note with a credit default swap. The face value…

It stands for constant maturity Bermudan swaption; a Bermudan swaption in which the option (on the underlying swap) can be…

A callable range accrual note (RAN); a range note that is imbedded with a call option. The embedded option allows…

The process of breaking up a convertible bond (CB) into two structured products: an asset swap (credit component) and a…

It stands for cross index basis swap; a swap to whose underlying interest rate index (usually LIBOR) the so-called quantization…

It stands for cross index basis swap; a swap to whose underlying interest rate index (usually LIBOR) the so-called quantization…

An acronym for traffic-light option, which is an OTC option that belongs to the class of correlation derivatives, and which…

It stands for noon average rate contract, which is by definition an average rate option (ARO) or average rate forward...

A floating-strike lookback option in which the lookback period starts at inception (contracting date/ trading date or the date the…