JSE to launch exotic can-do currency options
The Johannesburg Stock Exchange (JSE) is expanding its range of exotic currency options from any-day expiry options to barrier option structures called can-do options to take advantage of an increased appetite for such structures from South African banks.
“We launched any-day expiry options in February and in March we saw the biggest turnover in volumes since we listed three-and-a-half years ago; this was driven by those any-day expiry options. People are more worried about credit risk than they
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