A structured forward contract which gives the holder the right, without the obligation, to buy or sell forward at maturity…
A trader or investor who sells a covered or naked option to the effect that the buyer is being delivered…
It stands for United Currency Options Market. A proprietary system which was introduced by the Philadelphia Stock Exchange (PHLX) to…
It stands for tranche-loss credit default swap; a basket-linked credit default swap(basket-linked CDS) which protects the buyer (the long) from…
A standard option in which the payoff is derived under a specific condition imposed by the model on its underlying…
A forward contract which obliges the holder to buy or sell a basket default swap (BDS) at a specified time…
An option contract that has a later expiration date than a contract that is presently being devised or considered. For…
The spontaneous purchase and sale of two identical amounts in two different currencies with two different value dates. Differently stated,…
The purchase of one option and the sale of a different-type option with a different strike price. In other words,…
A currency market tool, similar to an option, which is used principally to avail of a move in the underlying…
