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Non-Deliverable Xccy Swap

It stands for non-deliverable cross currency swap; a swap agreement (cross currency swap, XCS) that is entered into, and between,...

Basket Currency Put Option

A basket currency option that constitutes a put on a collection (basket) of currencies treated together as a portfolio. A...

FX Derivative

It stands for foreign currency derivative; a contract/ instrument (a financial derivative) that involves two parties (a seller and a...

Basket Currency Call Option

A basket currency option that constitutes a call on a collection (basket) of currencies treated together as a portfolio. A...

Foreign Currency Derivative

A contract/ instrument (a financial derivative) that involves two parties (a seller and a buyer) and derives its value from...

Currency Derivative

A contract/ instrument (a financial derivative) that involves two parties (a seller and a buyer) and derives its value from...

Currency Option

An option contract (a currency derivative) that gives its holder the right, but without the obligation, to buy or sell...

AON Exercise

It stands for all-or-none exercise; a style of exercise for options whereby the holder cannot exercise only on part of...

All-Or-None Exercise

A style of exercise for options whereby the holder cannot exercise only on part of a basket or portfolio of...

Basket Currency Option

An option that combines the features of both currency options and basket options. By definition, it is a put or...