A cap or floor whose underlying variable is long-term government (CMT) or swap rates (CMS), whose day count and frequency...

A time-dependent option that locks in gains once predetermined price levels are reached by the underlying. The “ladder” label refers...

A multi-factor or multi-asset option whereby the holder (buyer or long), in case of a call, is entitled to receive...

A type of maximum option in which the payoff is the maximum norm achieved by its underlying(s) over its life....

An option that has unlimited liability in comparison with a capped option. An uncapped option has no cap or restriction...

A situation that arises when a broker excessively trades in a client’s account in order to increase commissions, irrespective of...

An option which gives it holder the right, without the obligation, to buy a currency average rate option / ARO...

An exotic option (also called caput option) in which a call option is made on a put option, whereby it...

An option in which the holder has the right to receive a payoff reflected in a range, or the difference...

An options trading strategy whereby an investor buys a share of stock or a basket of stocks (e.g., an index...