An option which allows the holder to trade the underlying market with limited downside in return for a given premium....

An agreement to exchange the realized variance rate between the time of entering into the agreement and expiration date, based...

A cross-currency swap that provides no protection in terms of the final exchange notional amount. It allows the swap buyer...

A swap in which one leg is covered by an underlying bond or note with identical, but offsetting, terms and...

A derivative instrument which is traded and privately negotiated in over-the-counter markets, i.e. directly between the two parties involved, without...

An interest rate swap in general and a type of a seasonal swap in particular, in which the tenor can...

It stands for off-balance sheet instrument; a contract which is mainly based on a notional principal amount and represents a...

A contract which is mainly based on a notional principal amount and represents a contingent liability on an institution. It...

A floor is a put option on a specified interest rate such as LIBOR, Euribor, the US prime rate, or...

A cap is a call option on a specified interest rate such as LIBOR, Euribor, the US prime rate, or...