The Main Advantage(s) of Over-The-Counter Foreign Currency Options Over Exchange

question 39

Multiple Choice

The main advantage(s) of over-the-counter foreign currency options over exchange traded options is (are) :

• A) expiration dates tailored to the needs of the client.
• B) amounts that are tailor made.
• C) client desired expiration dates.
• D) all of the above

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Definitions:

Limited Liability Company

A form of business organization that combines the taxation approach of a sole proprietorship or partnership with the limited liability aspect of a corporation.

Personal Liability

The legal responsibility of an individual to personally satisfy debts or liabilities incurred, including those arising from actions taken in a professional capacity.

Capital Investment

Funds invested in a business for the purposes of further growth, operational development, or acquisition of long-term assets.

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business activity.