Margrabe option
Definition
Futures contract based on exchange of one asset for another, such as in cross currency option. Invented in 1978 by the US risk-management consultant William Margrabe who also devised a formula for determining its price. Also called exchangeable option or outperformance option. See also rainbow option.
Popular 'Commodities & Precious Metals Trading' Terms
Margrabe option in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/Margrabe-option.html
