摘要: A type of option whose underlying asset is a basket of commodities, securities, or currencies.
A currency basket option provides a cheaper method for multinational corporations to receiv[阅读全文:]
摘要: A type of options strategy used when a decline in the price of the underlying asset is expected. It is achieved by selling call options at a specific strike price while also buying the same number of [阅读全文:]
摘要: A type of option where the payoff is either zero or the amount by which the strike price exceeds the average price of the asset.
The average price of these exotic options is derived with a timef[阅读全文:]
摘要:
An option used to hedge against fluctuations in exchange rates by averaging the spot rates over the life of the option and comparing that to the strike price of the option. Average rate options are[阅读全文:]
摘要: A futures contract with a provision permitting the contract holder to convey his or her rights of assignment to a third party. This enables the contract holder to assign the rights and obligations of [阅读全文:]
摘要: 1. The transfer of an individual's rights or property to another person or business.
2. A notice received by an option writer stating that the option sold has been exercised by the purchaser [阅读全文:]
摘要: The act of clearing houses and brokerages selecting short option and future contract holders to deliver underlying securities or commodities of maturing or exercised/tendered contracts.
Not all[阅读全文:]
摘要: An organization established by the major London futures exchanges to provide regulatory supervision for futures brokers and dealers. The Association of Futures Brokers and Dealers (AFBD) was a self-re[阅读全文:]
摘要: An electronic funds-transfer system run by the National Automated Clearing House Association. This payment system deals with payroll, direct deposit, tax refunds, consumer bills, tax payments and many[阅读全文:]
摘要: A procedure implemented to protect an option holder where the Option Clearing Corporation will automatically exercise an "in the money" option for the holder.
Think of it as an insuran[阅读全文:]