A barrier chooser lookback option that is associated with digitality, i.e., a feature giving a fixed payoff if the underlying…
An interest rate swap in which one of the legs depends on, wholly or partially, the effective rate extracted from…
An asset swap that is combined with a structured note. The swap is effectively used to convert the note into…
A complex hedging technique which is designed to mitigate different risk exposures usually associated with options. Those exposures are often…
A swap agreement (cross currency swap, XCS) that is entered into, and between, two parties to exchange a stream of...
It stands for non-deliverable cross currency swap; a swap agreement (cross currency swap, XCS) that is entered into, and between,...
It stands for non-deliverable cross currency swap; a swap agreement (cross currency swap, XCS) that is entered into, and between,...
A measure of a swap‘s value sensitivity to interest rate changes. The duration of a swap is equal to the…
A hedging technique which aims to make the price of a set (or portfolio) of derivatives immune to small movements in…
In general, drawdown (also draw-down) refers to a reduction in the value of an asset/ investment/ account/ fund below its…
