释义 |
Virtual currency option Virtual currency optionA new option contract introduced by the PHLX in 1994 that is settled in US dollars rather than in the underlying currency. These options are also called 3-Ds (dollar-denominated delivery).Virtual Currency OptionAn option contract that trades in a foreign currency on the Philadelphia Stock Exchange, but is settled in U.S. dollars. This protects the option holder from foreign exchange risk, while allowing him/her to participate in foreign markets. |