What sorts of products are traded on a dealer's swaptions desk? I know that they trade caps/floors, European swaptions, and Treasury bond options, but what else usually falls under their purview? For example, since the GSEs issue lots of callable bonds (which have embedded options), does the desk trade those? What are some of the more "exotic" derivatives traded on the desk?
Points)on 1/3/13 at 11:01am