OTC Currency Options Explained.
OTC (Over the Counter) Currency options are defined as bilateral contracts, the value of which is derived from the value of some underlying asset or security. A Derivative covers any transaction where there is no movement of principle, and where the price performance of the derivative itself is driven by the price of the underlying asset.
It is especially this aspect (the no movement of principle) that makes Derivatives such useful instruments to hedge other exposures and ...
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There are various types of loans from which a borrower can choose. With lenders becoming more receptive to the needs of all kinds of borrowers, the options have widened for the borrowers. Don’t let go of the opportunity! Read on further o find out how you stand to gain…