A convertible bond that is denominated in a currency other than the currency of its underlying shares. As opposed to…
The quoted price of a convertible bond which is normally expressed as a percentage of the bond’s nominal value (par…
The relationship between the prices of calls (call options), puts (put options), and futures (futures contracts) on the same underlying...
The relationship between the prices of calls (call options), puts (put options), and futures (futures contracts) on the same underlying...
A relationship between two combined investment positions: the first represents the value of a European call with a certain exercise...
The relationship between the prices of calls (call options), puts (put options), and futures (futures contracts) on the same underlying...
The sensitivity of a convertible’s price to changes in parity value. More specifically, it measures the equity sensitivity of the...
A part of the fair value of an option; an option value that includes, in addition to the intrinsic value,...
A price index (introduced by The Economist in 1986) that uses the McDonald's Big Mac sandwich as a bundle of...
An investment strategy that hinges on the so-called risk allocation (rather than capital allocation) whereby investors target predefined levels of...