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Currency Option |
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Currency option Currency Option An option contract in which the underlying asset is a foreign currency. The option gives the holder the right but not the obligation to buy (for a call) or sell (for a put) a set amount of the currency at a certain exchange rate on or before the expiration date. They are largely used when international corporations wish to hedge against the possibility of adverse movements in foreign exchange rates. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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average daily volume in over-the-counter foreign exchange options totaled $37 billion. SD-CM will also enable the pricing and risk management of commodity options in any base currency through a link to SD-FX(TM), the foreign exchange option market's benchmark pricing system. average daily volume in over-the-counter foreign exchange options totaled $41 billion. |
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