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Currency Option

   Also found in: Wikipedia 0.03 sec.
Currency Option
A contract that grants the holder the right, but not the obligation, to buy or sell currency at a specified price during a specified period of time.

Notes:
Investors can hedge against foreign currency risk by purchasing a currency option put or call.

See also: Currency, Forex, Option
Currency option
An option to buy or sell a foreign currency.
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The Abusive Transaction Settlement Initiative identifies 21 transactions eligible for the program, including various schemes involving funds used for employee benefits; charitable remainder trusts; offsetting foreign currency option contracts; and certain abusive conservation easements.
IRS: Abusive Transaction Settlement Initiative by California CPA
Businesses seeking to hedge against fluctuations can purchase currency options that give it the ability, but not the obligation, to buy or sell at a predetermined price at or up to a certain time.
Banks find modest boom in demand for currency trades by Berry, Kate / Los Angeles Business Journal
has added currency option trading from GFInet's FEN ICS product, a move that Currenex says will "deepen its market information, research and analytics by making available to its members FENICS' FX option price analysis and data.
Currenex Inc by Financial Executive
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