exotic option
A form of derivative that is not commonly dealt. In the forex options market, exotic option types are those other than plain vanilla European or American style puts and calls and they trade primarily in the over the counter market. Exotic option types include: knock out and knock in options, binary options, average rate and strike options, and basket options.
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Cliquet option
Russian option
Annapurna option
Everest option
Himalayan option
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