FX Forward Option
Forward option FX contracts are similar to forward FX contracts, except they involve currency exchange over a specified period of time.
How do you benefit:
hedging against adverse exchange rate fluctuations in the case of currency exchange at an undetermined future date,
a broad range of settlement dates can be negotiated, from 3 to 365 days,
contracts can be concluded up to an authorized settlement limit or against a security deposit.
