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Multi-Asset Exotic Option

An option which has more than one asset as underlying. The payoff of the option depends on the performance of...

Exotic Barrier Option

A barrier option whose barrier has non-standard (exotic) features. Examples of exotic barrier options include: digital barrier options, step barrier...

Exotic Option

A category of options which trade over the counter and have unusual features including complicated components and complex payoffs. They...

Hindsight Option

An exotic option that allows the holder to buy or sell an underlying asset at the best possible price that...

TARO

It stands for target redemption option; an exotic option that gives the holder the right to receive a stream of...

TAR Option

It stands for target redemption option; an exotic option that gives the holder the right to receive a stream of...

Target Redemption Option

An exotic option that gives the holder the right to receive a stream of payments up to a maximum total...

2nd Generation Option

A breed of options that bear non-standard features/ elements, as opposed to vanilla options (plain vanilla options). These features/ elements...

Second Generation Option

A breed of options that bear non-standard features/ elements, as opposed to vanilla options (plain vanilla options). These features/ elements...

α-Quantile Option

A path-dependent option that is a theoretical (as yet) extension of a lookback option. The option's payoff is based on...