Sucden Financial has recent launched OTC FX options to compliment it's deliverable FX offering.
But what are they and how can they be used?
Sucden's OTC FX options are basically a more flexible version of traditional foreign exchange options traded on exchange.
The disadvantage of trading FX options on exchange is that you are restricted to the currency pairs, strike prices and exercise dates which are pre set by the exchanges.
The advantages with OTC options you can request specific dates, sizes and some more exotic currencies, which can help funds, companies and trades hedge more effectively and include benefits such as:
Extended product c...