An option which gives the holder the right to choose between receiving a vanilla call option or a vanilla put...

A sort of put option which is linked to the credit worthiness of a borrower. The holder of the option...

It stands for forward rate agreement which is an over-the-counter agreement to apply a certain interest rate to either lending...

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

An option whose underlying is a forward contract. This option gives the holder the right to enter into a forward...

A path-dependent option that is typically embedded in a structured note (range note), allowing the holder to receive a coupon...

A currency option- usually on a foreign currency or a currency basket or index- that is made or written at...

A discrete model for pricing options that was introduced by Cox, Ross and Rubinstein in 1979. In this model, the...

An asset that is held primarily for consumption (end-user needs) and not usually for investment or resale. Examples include different...

An interest rate floor which consists of a limited string of floorlets designed to hedge future floating rate receipts, specifically...