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Currency Protected Size Option


A quanto that is combined with other exotic options in various ways, depending on the investor’s view and requirements of foreign-exchange protection. Common combinations involve performance-type and barrier-type options, spreads, etc.

This option is also referred to as a quanto hybrid or a percentage-change option.



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Derivatives have increasingly become very important tools in finance over the last three decades. Many different types of derivatives are now traded actively on ...
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