Corporates cover their backs with longer-dated options
Corporates are loading up on longer-dated options to hedge their exposures to currency risk in light of increased volatility in the foreign exchange markets and global economic uncertainty, say market participants.
"We have seen continuous demand for longer-dated options in euro and even sterling, reflecting greater levels of uncertainty facing hedgers, namely corporates. Given the underlying global economic uncertainty, it makes sense for corporates to use options a bit more. We're seeing
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