ResolutionExotics

ResolutionExotics provides valuation and risk management of a wide range of exotic options written on equity, currencies, and interest rates.

Main Features

• Asian options
• Single barrier and double barrier options
• Digital (binary) options
• Digital barrier options
• Chooser options
• Lookback options
• Extendible options
• Options on multiple assets
• Spread options

The Exotic Options component is designed to deal with a range of "exotic" option contracts. The supported functions can be usefully split into ten main categories:

Asian Options: An Asian option has its payoff linked to the average price of an asset over a period of time. As a result, Asian options have a lower volatility than standard options and therefore cost less.

Barrier Option Functions: Barrier options are path-dependent options that are either initiated (knocked-in) or eliminated (knocked-out) upon reaching a certain barrier level.

Binary Options: Binary options, sometimes referred to as digital or bet options, are options that pay out either a fixed amount (if they expire in the money), or nothing (if they expire out of the money).

Chooser Options: Chooser Options are options that allow the holder to choose whether the option is a call or a put at some future date.

Exchange Options: Exchange options allow the holder to exchange one asset for another.

Extendible Options: Extendible options are options that can be extended by either the holder or writer of the option.

Foreign Equity Options: Foreign Equity options are options in which the underlying asset is a foreign equity.

Lookback Options: Lookback options are a type of path-dependent option. A Lookback Call (Put) allows the holder to buy (sell) the underlying asset at the lowest (highest) price reached during the term of the option.

MinMax Options: MinMax options are options on the maximum or minimum of an asset.

Spread Options: Spread options have a payoff determined by the difference between the prices of two assets and a fixed strike price.

Resolution aims to deliver our customers excellent value without compromising on quality.

Since everyone has different requirements, we would be more than happy to talk to you regarding a customisable pricing solution. Contact us today.