This is a contract that grants the holder the right, but not the obligation, to buy or sell currency at a pre-agreed exchange rate on a specified date in future.

Buyer has to pay an up-front premium is paid to the seller. Currency Options are one of the best ways for corporations or individuals to hedge against adverse movements in exchange rates.

The Essentials

• No minimum or maximum deal size
• Limited price risk for the buyer
• Used for covering downside risk while keeping upward profit potential
• Can choose the strike level to suit individual needs

Benefits of Currency Options

• Protects you against adverse movements in exchange rates.
• Available in major currencies and currency pairs.
• You have the choice of executing the transaction at the option strike or market rate at the maturity, whichever is profitable.

Eligibility

Any customer who is holding a proper underlying transactions and having a good understanding about products in this nature.

Applying for Currency Options

Please contact the Treasury Dealing Room on +8802 9896048, 9896049 or +8802 9896046, 9896310 if you wish to apply for Currency options.