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An option which can be exercised only on pre-specified dates up to its maturity.
== Summary ==
 
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So Bermudan options’ characteristics are part-way between European-style and American-style options in respect of their exercise dates.
 
The term derives from Bermuda's geographical location 'part-way' between Europe and America.
 
 
Also known as a 'Bermudan-style' option.
 
 
== See also ==
* [[American option]]
* [[European option]]
 
[[Category:Financial_products_and_markets]]

Latest revision as of 09:29, 27 July 2023

Summary

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