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Examples
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For example, “volatility swaps” pay in proportion to the sum of the squares of the price changes of whatever underlier over, say, 30 days (the square root of that, actually).
The Volokh Conspiracy » Derivatives Clearinghouses and Exchanges 2010
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For example, “volatility swaps” pay in proportion to the sum of the squares of the price changes of whatever underlier over, say, 30 days the square root of that, actually.
The Volokh Conspiracy » Derivatives Clearinghouses and Exchanges 2010
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A futures contract facilitates the purchase or sale of an underlier at a predetermined price for delivery at a future date.
The Economic Times 2010
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