A zero-cost cross-currency swap which is subject to three ranges as to the movement of its underlying exchange rate. The...

A zero-cost cross-currency swap which is subject to three ranges as to the movement of its underlying exchange rate. The...

A cross-currency swap in which the bank sponsor/ arranger pays a soft currency (such as Korean Won, Thai Baht, etc)...

A practice whereby an intermediary enters into one side of the swap transaction, such as a fixed rate payer (or...

A combination of two swaps, namely two cross-currency swaps or two interest rate swaps for the purpose of effectively extending...

An asset swap which has an embedded option (a spread option between the substitutable assets) allowing the holder to substitute...

An equity swap in which the equity return is linked to whichever is higher of two equity indices. For example,...

Mid-swap (MS) is the average of bid and ask swap rates used as a benchmark for calculating total interest rate...

A combination of two interest rate caps, literally: a long position in an interest rate cap and a short position...

A variance swap in which the underlying’s price should fall within a specified range or corridor if its squared return...