Multiple Choice
A "time option" is an outright forward FX transaction where the customer:
A) has the option to fulfill the outright forward or not at maturity
B) may freely choose the maturity, given a 24-hour notice to the bank
C) can choose any maturity within a previously fixed period
D) may decide to deal at the regular maturity or on either the business day before or after
Correct Answer:
Verified
Correct Answer:
Verified
Q186: What recommendation does the Model Code make
Q187: Which of the following does not represent
Q188: At the end of the day, you
Q189: What should a dealer say to express
Q190: An important reason for trading a futures
Q192: What recommendation does the Model Code make
Q193: Under Basel rules, what is the meaning
Q194: You are paying 5% per annum paid
Q195: What is the value date of a
Q196: Which of the following is typical of