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  2. Binary option - Wikipedia

    en.wikipedia.org/wiki/Binary_option

    In the Black–Scholes model, the price of the option can be found by the formulas below. [27] In fact, the Black–Scholes formula for the price of a vanilla call option (or put option) can be interpreted by decomposing a call option into an asset-or-nothing call option minus a cash-or-nothing call option, and similarly for a put – the binary options are easier to analyze, and correspond to ...

  3. Nadex - Wikipedia

    en.wikipedia.org/wiki/Nadex

    Nadex (Northern American Derivatives Exchange), formerly known as HedgeStreet, is a US-based retail-focused online binary options exchange. It offers retail trading of binary options and spreads on the most heavily traded forex, commodities and stock indices markets.

  4. Monte Carlo methods for option pricing - Wikipedia

    en.wikipedia.org/wiki/Monte_Carlo_methods_for...

    The first application to option pricing was by Phelim Boyle in 1977 (for European options). In 1996, M. Broadie and P. Glasserman showed how to price Asian options by Monte Carlo. An important development was the introduction in 1996 by Carriere of Monte Carlo methods for options with early exercise features .

  5. What is forex trading? - AOL

    www.aol.com/finance/forex-trading-212232317.html

    Average daily forex volume in North America during October 2023 was $1.02 trillion, according to a survey from the New York Fed. That volume showed a nearly 26 percent increase from April 2019 ...

  6. Foreign exchange option - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_option

    In the case of an FX option on a rate, as in the above example, an option on GBPUSD gives a USD value that is linear in GBPUSD using USD as the numéraire (a move from 2.0000 to 1.9000 yields a .10 × ⁠ $2,000,000 / $2.0000 ⁠ = $100,000 profit), but has a non-linear GBP value. Conversely, the GBP value is linear in the USDGBP rate, while ...

  7. Prediction market - Wikipedia

    en.wikipedia.org/wiki/Prediction_market

    The most common form of a prediction market is a binary option market, which will expire at the price of 0 or 100%. Prediction markets can be thought of as belonging to the more general concept of crowdsourcing which is specially designed to aggregate information on particular topics of interest.

  8. Vanna–Volga pricing - Wikipedia

    en.wikipedia.org/wiki/Vanna–Volga_pricing

    It consists of adjusting the Black–Scholes theoretical value (BSTV) by the cost of a portfolio which hedges three main risks associated to the volatility of the option: the Vega, the Vanna and the Volga. The Vanna is the sensitivity of the Vega with respect to a change in the spot FX rate:

  9. Foreign exchange derivative - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_derivative

    Foreign exchange option trading: The contract can agree the option holder to exchange it at a defined price as his right instead of an obligation. Forward exchange futures transaction trading: Future contract’s buyers or sellers submit margin at the beginning of trading, as a kind of buffering mechanism.

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