A forward contract that allows firms to fix a forward price while benefiting from a predicted spot movement. It establishes a certain...

An option-based strategy that is mostly used in currency (and interest rate) markets and involves the purchase of a foreign exchange...

An abbreviation for at-the-money forward; the situation in which the strike of an option is set equal to the forward price (e.g., FX rate) for the same expiration...

The situation in which the strike of an option is set equal to the forward price (e.g., FX rate) for the same expiration date of the...

An abbreviation for at-the-money forward; the situation in which the strike of an option is set equal to the forward price (e.g., FX rate) for the same expiration...

It stands for target redemption forward; a structured product (specifically a target redemption note) which consists of a strip of forwards each of which...

A structured product (specifically a target redemption note) which consists of a strip of forwards each of which has its payout as the difference between...

One of the most widely used derivatives, which represents an agreement between two parties to exchange cash flows of two...

A zero coupon note which is constructed by combining a deep in-the-money call option with a deep in-the- money put...

It stands for forward rate agreement which is an over-the-counter agreement to apply a certain interest rate to either lending...