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Currency options

Currency options

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Old Aug 13th 2008, 12:39 pm
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Default Currency options

Has anyone used a currency option (not a forward contract) for buying currency for Oz. ie you pay a premium for theoption ot buy the currency at a set date in the future but can choose whether to go ahead with the deal or not.

I am familiar that most places offer standard spot and forward contract details for personal users but cant seem to find one that offers the options as noted above
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