Swissquote launches vanilla FX options on its Advanced Trader platform
The new Forex Options are suitable for traders who want to diversify and hedge their trading risk in currencies, or for those who apply multi-legged strategies to benefit from as many market trends as possible
Swissquote, Switzerland’s leading online bank, is launching Vanilla FX Options on its Advanced Trader platform.
The Forex Options are European-style call and put options, which enable an even more precise and individual trading strategy.
Back in 2010 Swissquote launched its state-of-the-art Advanced Trader platform to provide clients with the full benefits of the Swissquote trading environment.
With the new Forex Options, the company now offers its customers more opportunities for foreign exchange trading, enabling traders to diversify and optimize their Forex strategies.
Forex Options – Tailored to your individual trading strategy
The new Forex Options are suitable for traders who want to diversify and hedge their trading risk in currencies, or for those who apply multi-legged strategies to benefit from as many market trends as possible (Bull, Bear & Range).
The new options are available for 45 currency pairs and come with the greatest precision:
Strike price: the strike price is determined to the fourth decimal place.
Tailored term: The date of expiry can be set to a single day up to one year.
In contrast to many conventional providers, which usually offer only weekly, monthly or annual expiration dates to choose from.
