Abstract
Exotic options are financial derivatives which are more complex than normally traded options (vanilla options). They are mainly used in OTC-trading (over the counter) to meet the special needs of corporate customers. For example, a compound option allows one to acquire an ordinary option at a later date, and a chooser option is a form of the compound option where the buyer can decide at a later date which type of option he would like to have.
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© 2010 Springer-Verlag Berlin Heidelberg
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Borak, S., Härdle, W.K., Cabrera, B.L. (2010). Exotic Options. In: Statistics of Financial Markets. Universitext. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-11134-1_9
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DOI: https://doi.org/10.1007/978-3-642-11134-1_9
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Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-11133-4
Online ISBN: 978-3-642-11134-1
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