|
|
Basket options |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Basket optionsPackages that involve the exchange of more than two currencies against a base currency at expiration. The basket option buyer purchases the right, but not the obligation, to receive designated currencies in exchange for a base currency, either at the prevailing foreign exchange market rate or at a prearranged rate of exchange. Multinational corporations with multicurrency cash flows frequently use basket options because it is generally cheaper to buy an option on a basket of currencies than to buy individual options on each of the currencies that make up the basket.Basket options Similar MatchesConditional call optionsConditional call optionsA protective guarantee that, in the event a high yield bond is called, the issuing corporation will ../../finance-glossary/ the bond with a noncallable bond of the same life and terms as the bond that is being called. Options Clearing CorporationOptions Clearing CorporationIn the US, the OCC is the body which clears options transactions. Founded in 1973, OCC is the largest clearing organisation in the world for financial derivatives instruments. Operating under the jurisdiction of the Securities and Exchange Commission, OCC is the issuer and registered clearing facility for all US exchange-listed securities options. OCC issues put and call options on several types of underlying assets including common stocks and other equity issues, stock indexes, foreign currencies and interest rate composites. URL: http://www.optionsclearing.com Equity optionsEquity optionsOptions on the shares of companies. Equity options are traded in the UK at the London International Financial Futures and Options Exchange (LIFFE) and the London Securities and Derivatives Exchange (OMLX). Kuala Lumpur Options and Financial Futures Exchange (KLOFFE)Kuala Lumpur Options and Financial Futures Exchange (KLOFFE)Established in 1995, the Kuala Lumpur Options and Financial Futures Exchange offers equity derivative products based on underlying instruments traded on the Kuala Lumpur Stock Exchange (KLSE). Switching optionsSwitching optionsA sequence of transactions in which exercise of one option creates one or more additional options. Investment-disinvestment, entry-exit, expansion-contraction, and suspension-reactivation decisions are switching options. Further SuggestionsOptions contract multipleLondon International Financial Futures and Options Exchange Barrier options Uncovered options Indexed Stock Options Swiss Options and Financial Futures Exchange (SOFFEX) settlement options Options Clearing Corporation (OCC) Options on physicals Options contract Equity options MONEP (Marche des Options Negociables de Paris) Class of Options European Options Exchange (EOE) Gnma (government National Mortgage Association) Options traditional options index options Settlement options Chicago Board Options Exchange (CBOE) FLEX Options Margin requirement (options) Registered options trader London International Financial Futures and Options Exchange (LIFFE) Transferable Stock Options |
|
|
|