Traded Option Principal

From Open Risk Manual

Definition

Traded Option Principal. The principal to the Traded Option contract. THis is the party which gives the other party the right to take up the obligation, and which is obliged to honor that transaction if that option is taken up.


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.