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conventional option

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Conventional option
An option contract arranged on the trading floor and traded regularly. The opposite of exotic option.
conventional option
A put or call option contract negotiated independently of the organized option exchanges. Before 1973 and the opening of the Chicago Board Option Exchange, all options originated through private negotiations. The disadvantage of conventional options is their lack of liquidity due to a limited secondary market. See also FLEX option.
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clients, the more conventional option would have been to decant to the suburbs, yet in this affordable and adaptable house, they can remain part of the life of the city.
PARISIAN ECONOMY by SLESSOR, CATHERINE / The Architectural Review
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