Foreign Currency Options Flashcards
1
Q
Where are foreign currency options traded?
A
Philadelphia Stock Exchange
2
Q
All major currency has a contract size of 10,000 except for what country?
A
Japan at 1,000,000
3
Q
What are the two ways foreign currency settle?
A
Spot - next 1 or 2 days
Forward - agreed date in future
4
Q
What are the 6 major currencies that have option trading?
A
Australian; Canadian; British; Swiss; European; Japanese
