Posted by R. MAK. on August 8, 2009 ·
In finance, a foreign exchange option (which is commonly shortened to just FX option or currency option) is a derivative financial instrument where it is not the right but the obligation of the owner to exchange money denominated in one currency into…
Posted by R. MAK. on August 7, 2009 ·
The interbank market is the top-level foreign exchange market where different currencies are exchanged by the banks. The banks can either deal through electronic brokering platforms or they can also deal with one another directly. The two competitors in the electronic brokering platform business are The Electronic Brokering Services (EBS) and Reuters Dealing 3000 Matching and they together connect…
