On the settlement date, the futures price would be the spot rate itself. Option contracts having simple standard features are usually called plain vanilla contracts. Exotic options are mainly traded over the counter, which means they are not
27 Aug 2013 The most relevant addition to the dictionary for Quartz readers is probably into the ODO, which prides itself on staying up-to-date with modern lingo. dense, pale-coloured cake, typically of a butterscotch or vanilla flavour. 1.