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Virtual currency option |
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Virtual currency optionA new option contract introduced by the PHLX in 1994 that is settled in US dollars rather than in the underlying currency. These options are also called 3-Ds (dollar-denominated delivery).Virtual currency option Similar MatchesCurrency selectionCurrency selectionAsset allocation in which the investor chooses among investments denominated in different currencies. Currency conversionCurrency conversionA term used by the London Stock Exchange to denote that a trade was executed in one currency but converted for trade reporting. Currency swingsCurrency swingsThese affect foreign currency mortgages. In pound sterling terms, the value of the capital outstanding on your mortgage can rise or fall dramatically if there is movement in the value of either the currency of the loan or UK pounds sterling. If the value of the pound increases, you should benefit from lower repayments, as the value of the foreign currency you have borrowed decreases. Less sterling is required to buy the same amount of foreign currency necessary to meet the repayments and vice versa. Currency arbitrageCurrency arbitrageTaking advantage of divergences in exchange rates in different money markets by buying a currency in one market and selling it in another market. Base currencyBase currencyApplies mainly to international equities. Currency in which gains or losses from operating an international portfolio are measured. Further SuggestionsCurrency diversificationCurrency reserves Blocked currency Asian Currency Units (ACU) Under-valued currency Currency in circulation Currency swap Currency put option Common currency Multicurrency loans Foreign currency forward contract Convertible currency Currency devaluation European Currency Unit hard currency Strong Currency European Currency Unit (ECU) Artificial currency currency Reporting currency Currency basket Currency appreciation Reserve currency Currency Board Hard currency |
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