国际汇率风险管理(ppt 102页).pptVIP

A put option the right to sell a fixed number of underlying securities at a specified price (also called the strike price or exercise price) for a period of time; Put Option - Payoff B. Exchange-traded vs OTC options Currency options are available in both the organized exchanges and the over-the-counter (OTC) market. Options traded on the OTC markets are customized both the amount and the maturity. available for more currencies than the limited number of currency exchange-traded option OTC options are tailor-made for the customers, there is not an active secondary market B. Exchange-t