FX Option

You buy the right, not an obligation to execute an agreed trade
In case of an unfavourable FX rate development, your losses are limited
Hedging costs are limited by the amount of the paid option premium (option price)
The sum paid for the premium depends on the agreed FX rate, time period, the FX rate of other currencies and expected FX rates in the future
You may also execute trades in exotic currency pairs
Funds may be converted from one currency to another in a preset volume, for an FX rate and the day of its execution agreed in advance
To obtain this product you have to meet the following conditions:
- minimum trade volume of €25,000
- signed contractual documentation.
In major global or regional currencies

Advantages of FX option