An option that is artificially constructed by combining (buying and selling) other options simultaneously. This option can lower the high...

A portfolio of options which has a vega of zero. That is, the option combination implies a neutralized vega. This...

The amount of change in the price of an option in response to a 1% change in volatility of the...

It stands for target redemption note; an index linked note that terminates whenever a maturity is reached or the total...

It stands for target redemption option; an exotic option that gives the holder the right to receive a stream of...

It stands for target redemption option; an exotic option that gives the holder the right to receive a stream of...

An exotic option that gives the holder the right to receive a stream of payments up to a maximum total...

An index linked note that terminates whenever a maturity is reached or the total amount paid on the structured coupon...

The use of financial instruments to eliminate or mitigate credit and default risks posed by borrowers or issuers of debt...

A negotiable contract between two parties (bilateral always) that allows them to manage their credit risk by using a derivative...