TAPO

TAPO

An option in which the profit or loss to the investor is based not solely on the price of the underlying asset at expiration, but on the difference between the strike price and the average price of the underlying asset during the option's term. A TAPO, Traded Average Price Option, (traded average price option) is also known as an Asian option.

One exchange where TAPOs are commonly traded is the London Metal Exchange, a major marketplace for futures in non-ferrous metals such as aluminum, copper, lead and zinc. These call and put options come in contract lengths ranging from one to 27 calendar months and their settlement price is determined by the monthly average settlement price. TAPOs, traded options and futures are all used as hedging tools.


Investment dictionary. . 2012.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Tapo — bezeichnet: ein Ort im Suco Batugade/Osttimor, siehe Batugade ein Ort im Suco Deudet/Osttimor, siehe Deudet einen Ort und Suco im Subdistrikt Bobonaro/Osttimor, siehe Tapo (Bobonaro) einen Suco im Subdistrikt Maliana/Osttimor, siehe Tapo/Memo… …   Deutsch Wikipedia

  • TAPO — Saltar a navegación, búsqueda La Terminal de Autobuses de Pasajeros de Oriente (TAPO), es una de las principales centrales de autobuses de la Ciudad de México, con llegadas y salidas a la región sureste del país y del Golfo de México. Las líneas… …   Wikipedia Español

  • TAPO — Tashkent Aviation Production Association named after V. P. Chkalov or TAPO/TAPOiCh for short ( ru. Ташкентское авиационное производственное объединение имени В. П. Чкалова) is a leading high technology company of Uzbekistan, which was originally… …   Wikipedia

  • Tapo — Original name in latin Tapo Name in other language State code PE Continent/City America/Lima longitude 11.39056 latitude 75.56361 altitude 3134 Population 0 Date 2012 07 19 …   Cities with a population over 1000 database

  • Tapó Fogadó és Királyi Étterem — (Веспрем,Венгрия) Категория отеля: 3 звездочный отель Адрес: 8200 Веспрем, Pa …   Каталог отелей

  • Tapo (Bobonaro) — Suco Tapo Daten Fläche 13,09 km²[1] Einwohnerzahl 610 …   Deutsch Wikipedia

  • Tapo/Memo — Suco Tapo/Memo Daten Fläche 73,62 km²[1] Einwohnerzahl 4.238 (2010) …   Deutsch Wikipedia

  • Tapo District — Infobox District Peru district = Tapo image size = image caption = cofarms = coa width = region = Junín province = Tarma capital = Tapo elevation = 3140 hamlets = ubigeo = 120709 pop = commas|5333 density = commas|35.1 area = commas|151.88… …   Wikipedia

  • TAPO — Trade Assistance and Planning Office (Business » International Business) …   Abbreviations dictionary

  • TAPO — Traded Average Price Option, an Asian Style Option traded on the London Metal Exchange. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”