Currency Options

Currency Options gives the right, but not the obligation, for a holder to buy (Call Option) or sell (Put Option) a foreign currency at an agreed rate on the pre-determined settlement date. The holder may not choose to exercise this right and buy/sell such foreign currency at the prevailing market rate in the future. This product can be considered as an alternative from FX Forwards for managing foreign exchange risk. The holder of this product is required to pay option premium for entering into such transaction.

Plan your money

The earlier you start saving and investing, the wealthier you will be.