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Special Programs - Register Now! |
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Learn from the experts and trade your views on the U.S. dollar. |
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Timely options trading ideas for major currencies. |
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A weekly look at what's happening in the foreign currency market. |
With ISE FX Options, you have instant access to a new investment strategy that allows you to trade your views on the strength or weakness of the U.S. Dollar. All ISE FX Options have U.S. Dollar-based underlying values, which are scaled as needed to create an underlying value similar to traditional equity or index options.
For example, if the current USD/EUR rate is .6750 (0.6750 EUR per 1 USD), the underlying value for the ISE Euro FX Option would be 67.50. This format allows investors to easily adopt the trading strategies they currently use for equity and index options. ISE FX Options are cash-settled, which eliminates the need for investors to hold the actual foreign currency. Using this approach, investors will recognize that U.S. Dollar-strength is exhibited when a rate increases, and U.S. Dollar-weakness when a rate decreases.
Currency Table
Investors can access the underlying rates for ISE FX Options from several leading market data vendors and financial websites, including Big Charts, Bloomberg, ILX, Reuters, and Yahoo! Finance.