Cliquet


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Cliquet

A series of forward start options in which the first option is active (and its strike price is set) immediately. The second option becomes active on the expiration date of the first option, with the strike set as the market value of the underlying on that day. The process continues for as many options as exist in the cliquet. Importantly, the entire premium is paid at once. Cliquets are useful for an investor who wants to lock in an option for a significant period of time, with the strike price adjusting to reflect market realities. It is also known as a reset option or a ratchet option.
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References in periodicals archive ?
Por isso, Cliquet (2013) destaca a importancia dos modelos de tomada de decisao geograficas para aperfeicoar acoes de marketing, expandir areas de operacoes e servicos, aumentar vendas, determinar a melhor localizacao do varejo e reduzir custos de transporte.
However, aging is rapidly becoming a social problem for the Asian countries as well (Cliquet and Nizamuddin, 1999).
(1) Nevertheless, even CPT is not able to explain the popularity of more complex guaranteed products, such as ratchet or cliquet guarantees, as a CPT investor should prefer a simple guarantee at maturity over more complex guarantees with lock-in features.
Owing to the deeply engrained Yin Yang worldview, the Chinese tradition embraces paradoxes as inevitable, desirable, and persistent, contrary to the negative perception of paradoxes in the West (De La Robertie, Cliquet, Trigo, & Antonio, 2006; Faure & Fang, 2008; Nisbett, 2010; Smith & Lewis, 2011).
Cliquet Jr., "Energy expenditure during rest and treadmill gait training in quadriplegic subjects," Spinal Cord, vol.
(1.) Mahl P, Cliquet F, Guiot A-L, Niin E, Fournials E, Saint-Jean N, et al.
The fund is managed by the same investment team that manages the Lazard Global Listed Infrastructure Equity Portfolio, including Bertrand Cliquet, Matthew Landy, John Mulquiney and Warryn Robertson.
(74.) Wasniewski M, Guiot AL, Schereffer JL, Tribout L, Mahar K, Cliquet F.
E certo que o rapido crescimento da rede, a administracao assumida por gerentes e a necessidade das empresas de operarem de maneiras diferentes em mercados distintos estao entre os mais importantes fatores levados em conta pelos gestores ou proprietarios dessas empresas quando optam por franquear seus negocios (RUBIN, 1978; MATHEWSON; WINTER, 1985; BOTTI; BRIEC; CLIQUET, 2009; CHIOU; DROGE, 2015; GIKONYO; BERNDT; WADAWI, 2015; WU, 2015).