Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is an option for foreign exchange?

April 26, 2017foreign exchange option

0

10 Posted

What is an option for foreign exchange?

2 Answers

0

10 Posted

A contractually agreed upon to right to buy (call option) or sell (put option) a specific amount of an underlying instrument at a predetermined price on a specific date (European option) or up to a future date (American option).

0

Posted

A contractually agreed upon right to buy (call option) or sell (put option) a specific amount of an underlying instrument at a predetermined price on a specific date (European option) or up to a future date (American option).