Basket options — Packages that involve the exchange of more than two currencies against a base currency at expiration. The basket option buyer purchases the right, but not the obligation, to receive designated currencies in exchange for a base currency, either at … Financial and business terms
Options Market France — (OMF) is a futures exchange and clearing house. In November 1987 Options Market France started publishing in association with the French bank CCF now HSBC France a stock index using the Reuters network under the symbol EFX 50. The index was… … Wikipedia
basket — noun Etymology: Middle English, from Anglo French; akin to Old French baschoue wooden vessel; both from Latin bascauda kind of basin, of Celtic origin; akin to Middle Irish basc necklace more at fascia Date: 14th century 1. a. a receptacle made… … New Collegiate Dictionary
Mountain range (options) — Mountain ranges are exotic options originally marketed by Société Générale in 1998. The options combine the characteristics of basket options and range options by basing the value of the option on several underlying assets, and by setting a time… … Wikipedia
Mountain Range Options — A family of exotic options based on multiple underlying securities. Mountain range options were first created by French securities firm Société Générale in the late 1990s. These options blend some of the key characteristics of … Investment dictionary
Copula (probability theory) — In probability theory and statistics, a copula can be used to describe the dependence between random variables. Copulas derive their name from linguistics. The cumulative distribution function of a random vector can be written in terms of… … Wikipedia
Monte Carlo methods for option pricing — In mathematical finance, a Monte Carlo option model uses Monte Carlo methods to calculate the value of an option with multiple sources of uncertainty or with complicated features. [1] The term Monte Carlo method was coined by Stanislaw Ulam in… … Wikipedia
Ingeniería financiera — La Ingeniería financiera, se puede definir en términos generales como «la utilización de instrumentos financieros para reestructurar un perfil financiero existente y obtener así otro con propiedades más deseables» [Galitz, L, 1994a, Ingeniería… … Wikipedia Español
Credit Default Contract — Security with a risk level and pricing based on the risk of credit default by one or more underlying security issuers. Credit default contracts include credit default swaps (CDSs), credit default index contracts, credit default options and credit … Investment dictionary
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
