Asian Exercise Terms

Definition

Asian Exercise Terms. Commitment to pay out on an option on the basis of a rolling average strike, which the other party may or may not choose to exercise against.

Definition of Asian Exercise Convention: Exercise convention whereby exercise tracks an underlying on a defined time period, anchored to a given time. The Asian Exercise Convention takes the European Date Exercise Convention but commits to a strike which is determined according to an average (or rolling average) value.

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This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.