Although electronic trading of spot FX has reached unexpected levels, trading of FX options has in the past been stymied by mispricing disasters and recent changes to accounting standards that require derivative prices to be marked to market. But investor appetite appears to be changing. Recent data from Greenwich Associates indicate that among all types of users, average trading in currency options by investors increased from $4.4 billion in 2003 to $5.7 billion in 2004.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access