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    ng asset.

    It is especially this aspect (the no movement of principle) that m

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    OTC (Over the Counter) Currency options are defined as bilateral contracts, the value of which is derived from the value of some underlying asset or security. A Derivative covers any transaction where there is no movement of principle, and where the price performance of the derivative itself is driven by the price of the underlying asset.

    It is especially this aspect (the no movement of principle) that ma

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    lue of which is derived from the value of some underlying asset or security. A Derivative covers any transaction where there is no movement of principle, and where the price performance of the derivative itself is driven by the price of the underlying asset.

    It is especially this aspect (the no movement of principle) that m

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    vative covers any transaction where there is no movement of principle, and where the price performance of the derivative itself is driven by the price of the underlying asset.

    It is especially this aspect (the no movement of principle) that m

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    e price performance of the derivative itself is driven by the price of the underlying asset.

    It is especially this aspect (the no movement of principle) that m

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    ng asset.

    It is especially this aspect (the no movement of principle) that makes Derivatives such useful instruments to hedge other exposures and to do specialized risk management.

    Foreign exchange derivatives are the following:
    • Currency Options
    • Forex Futures
    • Swaps and Forwards

    Foreign Exchange derivatives can be traded over the counter or on organized exchanges – On organ

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