AVERAGE STRIKE OPTION
It is a type of Asian option wherein the strike price is based on the spot rate’s average over a specific period of time. The dates that are used in calculating the average strike price are referred as "fixings" that cover the option’s life. When the average strike options reached their expiration date, they will be considered in the money only if the spot rate is bigger than the average strike.
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Short Leg
Short Leg is a contract where an individual holds a short position. The contract is in the option spread created by the trader by purchasing a put ...
Borrowing Base
Money a lender will loan to a company. The borrowing base is usually determined by a method called margining, where the lender determines a discoun ...
Swaziland Lilangeni
Currency abbreviation for the Swaziland Lilangeni, the official currency of Swaziland. The currency is comprised of 100 cents and presented with th ...
Deposit/Withdrawal At Custodian - DWAC
A method of electronically transferring new shares or paper share certificates from the Depository Trust Company (DTC), which acts as a clearinghou ...
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Plans to financially stimulate an economy. It implements monetary or fiscal policy changes to bolster a lagging or struggling economy. Governments ...
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