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In finance, a foreign exchange option is a derivative financial instrument that gives the right but not the obligation to exchange money denominated in one currency into another currency at a pre- agreed exchange rate on a specified date. Daily Share Buy- Back Notice.
Because Forex is an off- exchange market which doesn' t have a physical location, there are no. The standard lot size for EURUSD is 100, 000 EUR. To eliminate residual risk not the local currency notionals, else the foreign currencies received , match the foreign currency notionals delivered don' t offset.
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Though the majority of trade goes through London, New York, and Tokyo there is no one central location.
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