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unknown
DataSet-10
EFTA01353518
EFTA01353518.pdf
Credit default options are binary options in that they
have a specified, all•or•nothing cash settlement amount.
Credit default options, however, have additional unique
characteristics. For example.…
D7
P24
unknown
DataSet-10
EFTA01393161
EFTA01393161.pdf
occurred within the covered period. II an event otherwise
meeting the definition of a credit event occurs after the end
of the covered period but before the option expires. the
option will not b…
D7
P24