Glossary




Partial barrier double knock in

A partial barrier double knock in is a double knock in option with the addition of a trigger window.

Partial barrier double knock out

A partial barrier double knock out is a double knock out option with the addition of a trigger window.

Partial barrier double no touch

A partial barrier double no touch is a double no touch option with a delayed start.

Partial barrier double one touch

A partial barrier double one touch is a double one touch option with a delayed start.

Partial barrier knock in

A partial barrier knock in is a knock in option with the addition of a trigger window.

Partial barrier knock in & knock out

A partial barrier knock in & knock out is a knock in & knock out option with the addition of a trigger window.

Partial barrier knock out

A partial barrier knock out is a knock out option with the addition of a trigger window.

Partial barrier no touch

A partial barrier no touch is a no touch option with a delayed start.

Partial barrier no touch with knock in

A partial barrier no touch with knock in is a no touch with knock in option with a delayed start.

Partial barrier one touch

A partial barrier one touch is a one touch option with a delayed start.

Partial barrier one touch with knock out

A partial barrier one touch with knock out is a one touch with knock out option with a delayed start.

Partial barrier options

This section includes both the following option types, whose behavior is modified by the addition of a trigger window...

Participating forward

A participating forward is a vanilla strategy.

Path dependent option

A path dependent option is an exotic option whose payout is dependant on...

Payer

The party in an interest rate swap that pays a fixed rate and receive the floating rate.

Payer swaption

A payer swaption gives the holder of the swaption the right to enter into a swap...

Payout

The payout refers to the value of the option at maturity.

Payout currency

Physical settlement

If a contract is physically settled, on the delivery date the underlying asset is physically delivered in exchange for the specified payment.

Pips

Referring to the smallest unit tradeable...

Position

Your position is the net amount of your commitments in the given underlying.

Premium

The premiumis the price of the option that the option holder pays...

Prime broker

A prime broker is a brokerage firm that provides bundled services to a hedge fund.

Put option

A put option gives its buyer the right to sell...

Put spread

A put spread is a vanilla strategy.

Put-call parity

The put-call parity describes the relationship between the prices of a European call option and a put option.

Puttable swap

See Cancelable swap.

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