Are average CMS-rate options traded regularly?

rplat · October 3rd, 2008, 4:38 am

Hi,I have written a paper about analytical valuation of average CMS-rate options, with very good results. I have done this in the context of insurance companies, who have sold such options to their policyholder.But I'm wondering whether these options are also regularly traded on the financial market, that would increase my scope. Anyone who can shed some light on this?By the way, the paper is available at http://papers.ssrn.com/sol3/papers.cfm? ... id=1093710