OTC Option Contract
Definition
OTC Option Contract. Exotic options traded on the over-the-counter market, where participants can choose the characteristics of the options traded.
The flexibility of these options is attractive to many. With OTC options, both hedgers and speculators can benefit from avoiding the restrictions that normal standardized exchanges place on options. The flexibility allows participants to achieve their desired position more precisely and cost effectively. Review note (13 Jan 2010 or earlier): optional delivery dates where there's a right to change e.g. extend or shorten the delivery period. Part of the terms. For instance time options.
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.
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/DER/DerivativesContracts/Options/index-en.html + |
