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Forum Newbie
      
Group: Forum Members
Last Login: 3/4/2010 1:00:22 PM
Posts: 1,
Visits: 16
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Hi Steve,
I am happy to have found this site and also discovering forex options. My main concern is are FX options american or european style?
Best regards
Malvin
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Forum Guru
      
Group: Administrators
Last Login: 8/25/2010 9:38:53 AM
Posts: 69,
Visits: 35
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| We're glad that you find the site to be of value. To answer your question, FX Options are European exercised and can be traded directly from your existing brokerage account. Since they are cash-settled in U.S. dollars, there is no need to hold the actual foreign currency.
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