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.
References in periodicals archive ?
Mahl P, Cliquet F, Guiot A-L, Niin E, Fournials E, Saint-Jean N, et al.
In fact, organizations can be considered extremely complex structures, which emphasizes that the three structures proposed by Williamson should not be contemplated as the exclusive elements involved in organizational forms selection (Bradach & Eccles, 1989; Cliquet & Croizean, 2002).
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.
Esses diversos estudos (CASTILLA-POLO; GALLARDO-VASQUEZ, 2016; DALLABONA; MAZZIONI; KLANN, 2015; PERDREAU; NADANT; CLIQUET, 2015; DENICOLAI; ZUCCHELLA; STRANGE, 2014; ARRIGHETTI; LANDINI; LAS AGNI, 2014; KUMLU, 2014; MAZZIONI et al.
Las ediciones mas tardias de dicha obra contienen la carta que el provincial de Castilla dirigio al general fray Javier Vazquez, donde se pondero la equivocacion de Cliquet por seguir a los probabilistas, pese a su sana intencion.
Dadas las circunstancias, la compra multicanal como fenomeno comercial esta recibiendo cada vez mas atencion tanto por parte de los profesionales, como por parte de los academicos (Xu-Priour, Cliquet, y Fu, 2012).
La idea de que las MDD ecologicas podrian estimular el mercado de los productos de alimentacion ecologicos ha sido propuesta ya por varios autores como Cliquet (2009), Morschett (2009), Puelles y Puelles (2009, 2010), Reynolds (2009), Funck (2001), Kull (1998) y Zhuang, Dimitri, Jaenicke y Edward (2009).
Existe en la literatura un conjunto amplio de definiciones que permiten explicar lo que es una alianza estrategica (Kuglin & Hook, 2002), asi como formas de configurar una de ellas (Cliquet, Hendrikse, Tuunanen, & Windsperger, 2007; Glaister, Husan, & Buckley, 2004; Tuunanen, Cliquet, Windsperger, & Hendrikse, 2011; Ul-Haq, 2005).
The fines centred on a product called Cliquet designed by Credit Suisse International (CSI) and sold to nearly 84,000 customers who ploughed in PS797 million.
Called Cliquet Guaranteed Capital Accounts, Guaranteed Investment Accounts and Protected Capital Accounts, the bonds in question are so-called "structured products" which combine a deposit account with some exposure to the stock market.