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Banking

Specialty Option

An option which gives its holder the right to exercise on the best or worst return earned on two or…

Best-of-Two-Asset Option

A rainbow option (also known as an either-or option or an alternative option) whose payoff is based on the performance...

Best-Of-Two Option

An exotic option (specifically a type of an either-or option or an alternative option) whose payoff is based on the...

Better-Of Option

An option to exercise on a bundle of long forwards. The forwards have a maturity date identical to the option’s...

Better-of-Two Option

An rainbow option (also known as an either-or option or an alternative option) whose payoff is based on the  performance...

Either-Or Option

An option (khiyar/ khayar) which entitles the buyer (in a contract of sale, aqd al-ba’i) to proceed with the contract...

Either-Or Option

An option which gives its holder the right, without the obligation, to exercise on the best or worst return earned...

Worst-of-Two Option

An exotic option (specifically a type of an either-or option or an alternative option) whose payoff is based on the...