Foreign exchange option

In finance, a foreign exchange option (commonly shortened to just FX option or currency option) is a derivative financial instrument that gives the right but not the obligation to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date.[1] See Foreign exchange derivative.[2]

  1. ^ "Foreign Exchange (FX) Terminologies: Forward Deal and Options Deal" Published by the International Business Times AU on February 14, 2011.
  2. ^ Hammad, Muhammad. "Fastest Currency Exchange Company". Link International Exchange Company. Farhan. Retrieved 10 June 2023.

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