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Multi-Index Option

An outperformance option in which the payoff is based on the difference between the performances of more than one index....

Exercise By Exception

An exceptional procedure to exercise expiring in-the-money options in order to protect option holders against their options turning out-of-the-money. This...

Put CDS

A CDS option (option on a credit default swap) that grants the holder the right to sell credit protection on...

Put CAPS

A CAPS “option” in which a maximum level is placed on the payout in the form of a specified points...

Call CAPS

A CAPS “option” in which a maximum level is placed on the payout in the form of a specified points...