Common use of Currency or Forex Options Clause in Contracts

Currency or Forex Options. 11.1. Currency or Forex options are derivative financial instruments that give the right but not the obligation to buy or sell a specific currency, at a specified exchange rate on or before a specific date. You must also realize that when buying options means you could lose the entire option investment should the option expire worthless.

Currency or Forex Options. 11.1. Currency or Forex options are derivative financial instruments instrument that give gives the right but not the obligation to buy or sell a specific currency, at a specified exchange rate on or before a specific date. You must also realize realise that when buying options means you could lose the entire option investment should the option expire worthlessbe worthless at expiry.