Foreign Currency Option

From Open Risk Manual

Definition

Foreign Currency Option. An option on a currency, based on the spot exchange rate of that currency to the currency of the security itself.


Issues and Challenges

Definition needed - this is just a place holder. Actually, this would also have a Currency Future as the Underlying Action: change this. Definition:Review

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.