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Flow Derivative

A “leveraged” securitized product offering that is designed to provide maximum leverage with respect to currency denominations of a set...

Exotic Barrier Option

A barrier option whose barrier has non-standard (exotic) features. Examples of exotic barrier options include: digital barrier options, step barrier...

Exotic Option

A category of options which trade over the counter and have unusual features including complicated components and complex payoffs. They...

2nd Generation Option

A breed of options that bear non-standard features/ elements, as opposed to vanilla options (plain vanilla options). These features/ elements...

Second Generation Option

A breed of options that bear non-standard features/ elements, as opposed to vanilla options (plain vanilla options). These features/ elements...

Multi-Asset Option

An exotic option whose payout (payoff) depends on the overall performance of more than one underlying asset, as opposed to a standard vanilla...

Power Option

An option whose payoff is based on the price of an underlying asset raised to a power. It is designed to allow the buyer...

Vanilla Option

A standard option with no special or add-on features. Generally, vanilla products have standard and well-defined properties and trade actively. This category...