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European Currency Option

A currency option that is similar to an American currency option except that it must be exercised on the expiration...

Option Intrinsic Value

The value of an option that is entirely attributed to the performance of its underlying with respect to its strike...

Occupation Time Derivative

A complex derivative whose value depends on the time the underlying spends relative to (beyond, before, etc) a barrier level....

Option Exercise Backdating

A fraudulent practice that is usually undertaken by option-holding executives who manipulate the exercise of options to illegally maximize their...

Occupation Time

With respect to barrier options, it is a method to calculate the time spent outside the barrier, whereby all the...

Plain Vanilla Barrier Option

A standard barrier option where an event takes place at the first touch of the pre-specified barrier. In other words,...

Partial Lookback Call Option

A lookback call option which is associated with a partial lookback period (hence it is also called an anti-crash option)....

Extension Option

An embedded option (in a derivative contract, as the host contract) which is defined and customized as per the counterparties'...

Standard Barrier Option

A basic or plain barrier option where an event takes place at the first touch of the pre-specified barrier. In...

Vanilla Barrier Option

A standard barrier option where an event takes place at the first touch of the pre-specified barrier. In other words,...