snowblade

niwdehos · January 6th, 2006, 6:49 am

A snowblade is a snowball with a TARN feature so why call it a Snowblade? How did the name come about. any one in the know?

lawho · January 11th, 2006, 1:24 am

snow blade is a snowball with a target redemption featureperhaps so named because the snowball can come to ahalt when the target (blade) cuts inbtw, I heard there is a polar bear - is that a reverse snowball?

Volatile · January 16th, 2006, 8:09 am

in fact, there's also:snowbear (callable reverse ratchet inverse floater)thunderball (callable geared ratchet inverse floater)thunderbearthunderball (target redemption thunderball)snowrange (callable ratchet corridor)so funny!

Wildbill · January 17th, 2006, 9:52 pm

Names are quite interesting to notice. in Equity derivatives, it's generally Socgen who is the trendsetter.I wanted to issue some products too (innovative my a$$ ) and call them like "TomCat" "A-10 Tank Killer" just for the fun of it.Think of the Himalaya in EQD... someone issued the double Himalaya (since you have a Pick and drop feature in the former, the latter has two picks and the stock is dropped, you just need to double the observations)