FLEX option

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FLEX Option

An option that does not have standardized features. The writer and the buyer of a FLEX option negotiate the specific terms, such as the strike price and the expiration date. It is important to note the FLEX options do not trade in the continuous market. Generally speaking, clearing houses are the main writers of FLEX options.

FLEX option

Registered name for a customized equity option with unique characteristics including expiration date, strike price, and exercise style. Unlike regular options, FLEX options do not have standardized features and do not trade in continuous markets.
References in periodicals archive ?
It has a flex modulus of 160,000 psi, notched Izod of 0.
Motorola is also offering the FLEX developers kit, which enables developers to translate FLEX messages into RS-232 data and view them on a Windows based PC using the included PageWatcher software.
As its name implies, FLEX Options allow institutions to precisely meet investment objectives by selecting from various contract terms: length of time up to five years, strike price, exercise style and expiration value.
The Adobe Flex 2 SDK, which includes the Flex framework and command line compiler, is available free of charge.
Adobe also recently introduced the public beta of the Flash[R] Player 9 for Linux[R], extending the reach of rich Flex applications to Linux desktops.
The FLEX Test Platform provides a next-generation architecture and advanced test technologies to deliver cost of test reductions, critical in the price sensitive high volume consumer product device market, and system flexibility with broad coverage for high mix low volume production environments.
Category leaders across various industries -- including Boeing, Dow Jones Indexes, Samsung and SAP -- have been actively using Adobe Flex software and the Flash Player to build next generation Web applications that combine the benefits of desktop software with the reach of the Web to create more valuable user experiences.
This projected growth can be accredited to the ever-growing number of new electronic devices making it to market that demand the unique features of flex circuit boards including reduced packaging size and higher reliability.
The Flex Your Power Awards originated in 2001 to acknowledge outstanding leadership in energy efficiency that helped California through the energy crisis.
Teradyne(R), UltraFLEX, FLEX, Sync-Link, Background DSP, TurboAC, IG-XL, and OpenFLEX are trademarks or registered trademarks of Teradyne, Inc.
The Test Insight suite of products lets developers quickly convert STIL and WGL structural patterns or design VCD functional patterns, and leverage the full performance capabilities of the FLEX architecture and its extensive instrumentation suite.
The research program involved interviewing over 150 suppliers of flex and flex-rigid substrates, end users, EMS and ODM companies, materials and process equipment developers.