Glossary

Asian option

Exotic option which price is determined on the average price of the underlying instrument.

The Asian option, a.k.a. average-rate option, is an exotic option whose price at the end of the maturity depends not only on the underlying instrument but is calculated as an average price of the underlying instrument over a defined period.


Our glossary explains important financial terms and should not leave any questions unanswered. However, if you are missing a definition, please write to us at redaktion@deutsche-boerse.com. We will then include the term if possible.