Question regarding purchasing options on currencies [FX] - MarketTicker Forums


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User Info	Question regarding purchasing options on currencies in forum [FX]
Junior Posts: 95 Incept: 2008-08-03	I have a client that purchased a home in England which was financed with pounds. He's now concerned about the value of the pound and wants to hedge against this by purchasing calls on other currencies. Is it possible to do this? I have ToS and Scottrade and couldn't find anything. Any help greatly appreciated. Thanks. 2008-12-18 14:50:32 Permalink
Clarencebeeks Posts: 1929 Incept: 2008-01-11 Banned	Don't know what there is in the US in terms of options retail brokers, but the FX retail broker arm of Saxobank (Denmark) have FX options on most GBP crosses. Go to http://www2.saxobank.com/en/trading-prod.... for more details. 2008-12-18 15:34:08 Permalink
Openwater747 Posts: 1254 Incept: 2007-08-22	He can, P.M me if interested. I too have a home in London and have hedged exposure in the past. SAXO bank is a mother**ing market maker. I`d rather jump off a bridge than give those criminals one *ing dime. 2008-12-19 01:58:40 Permalink*