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Basket options |
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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 MatchesGnma (government National Mortgage Association) OptionsGnma (government National Mortgage Association) OptionsA method of purchasing GNMA securities through "puts" and calls." A GNMA Call Option is the right to buy GNMA securities at a specific yield for a specified time, A Put Option is the right to sell GNMA securities at a specific yield for a specified time. The buyer pays for the option and may exercise it, not exercise it, or sell it. Equity optionsEquity optionsSecurities that give the holder the right (but not the obligation) to buy or sell a specified number of shares of stock, at a specified price for a certain (limited) time period. Typically one option equals 100 shares of stock. Indexed Stock OptionsIndexed Stock OptionsOptions that have an exercise price which may fluctuate above or below market value at performance options in that the exercise price of indexed options typically remains variable until the option is exercised. Transferable Stock OptionsTransferable Stock OptionsOptions that provide by their terms that they may be transferred by the optionee, generally only to a family member or to a trust, limited partnership or other entity for the benefit of family members, or to a charity. 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 Further SuggestionsKuala Lumpur Options and Financial Futures Exchange (KLOFFE)Options Clearing Corporation (OCC) Settlement options Options contract multiple FLEX Options Options on physicals Chicago Board Options Exchange (CBOE) Options contract Barrier options Switching options European Options Exchange (EOE) MONEP (Marche des Options Negociables de Paris) Conditional call options settlement options London International Financial Futures and Options Exchange London International Financial Futures and Options Exchange (LIFFE) traditional options equity options Class of Options Registered options trader Swiss Options and Financial Futures Exchange (SOFFEX) Margin requirement (options) index options Uncovered options |
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