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Foreign Exchange Option

An option that gives the holder the right, without the obligation, to exchange a specific amount of money denominated in...

NEO

An abbreviation for non-equity option; an option that is written on foreign currencies, bonds, and other debt issues, commodities, metals…

Khayar al-Naqd al-Islami

An Islamic finance treasury arrangement that an Islamic bank and a counterparty enter into for the purpose of foreign exchange…

UCOM

It stands for United Currency Options Market. A proprietary system which was introduced by the Philadelphia Stock Exchange (PHLX) to…

Basket Currency Put Option

A basket currency option that constitutes a put on a collection (basket) of currencies treated together as a portfolio. A...

FX Derivative

It stands for foreign currency derivative; a contract/ instrument (a financial derivative) that involves two parties (a seller and a...

Basket Currency Call Option

A basket currency option that constitutes a call on a collection (basket) of currencies treated together as a portfolio. A...

Foreign Currency Derivative

A contract/ instrument (a financial derivative) that involves two parties (a seller and a buyer) and derives its value from...

Currency Derivative

A contract/ instrument (a financial derivative) that involves two parties (a seller and a buyer) and derives its value from...

Currency Option

An option contract (a currency derivative) that gives its holder the right, but without the obligation, to buy or sell...