Structured Options
Combinations of options tailored to your objectives, such as participating forwards, forward extras and range forwards. Depending on the structure, you keep a protected rate while sharing in some favourable moves.
Protection, with Room to Benefit.
An FX option gives you the right, but not the obligation, to exchange currency at an agreed rate. You're protected if the market moves against you, and can still benefit if it moves your way.
How Options Can Work for You
Vanilla Options
Pay a premium for a guaranteed worst-case rate, and let the option lapse if the market is better on the day. Availability depends on your business and the provider.
When Businesses Consider Options
Uncertain Deals
You're bidding for a contract and may not need the currency if you lose it.
Volatile Markets
You want protection but don't want to give up all the upside.
Budgeted Rates
You need a worst-case rate for planning, with room to improve on it.
Important Risk InformationOptions are complex products and are not suitable for every business. Premiums are not refundable, and some structured options can oblige you to exchange currency at a worse rate than the market. Leveraged structures can also oblige you to exchange a larger amount than you intended. Options are regulated investments. They are provided only by appropriately authorised firms, which will check that the product is appropriate for you before you trade.
Start with a Free FX Health Check
Tell us how you move money today. We'll show you what you could save, and which providers fit your business.