Glossary

ATM
At‐the‐money
ATMS
At‐the‐money spot
BOJ
Bank of Japan
BSM
Black‐Scholes‐Merton
CDF
Cumulative density function
DNS
Delta neutral straddle
FVA
Forward volatility agreement
FX
Foreign exchange
ITM
In‐the‐money
OTC
Over the counter
OTM
Out‐of‐the‐money
PDE
Partial differential equation
pip
Price interest point
PDF
Probability density function
SNB
Swiss National Bank