VIRTUAL CURRENCY OPTION


Meaning of VIRTUAL CURRENCY OPTION in English

A new option contract introduced by the P.H.L.X. in 1994 that is settled in US$ rather than in the underlying currency. These options are also called 3-Ds (dollar denominated delivery ).

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.