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Basket Options
Basket Options
Basket Options
Basket Options
Basket Options

The following information is about Basket Options.

Basket Options Defined

Packages that involve the exchange of more than two currencies against a base currency at expiration. The basket option buyer purchases the right, but not the obligation, to receive designated currencies in exchange for a base currency, either at the prevailing foreign exchange market rate or at a prearranged rate of exchange. Multinational corporations with multicurrency cash flows frequently use basket options because it is generally cheaper to buy an option on a basket of currencies than to buy individual options on each of the currencies that make up the basket.

This definition is in context to Finance. See more contextual defintions for Basket Options.


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City threatens big land grab

Published August 20, 2008, 1:54 am, Independent Online

The eThekwini Municipality threatened to expropriate 1 200ha of Tongaat-Hulett Developments-owned sugar cane fields to fast-track a massive low-income integrated housing development near Umhlanga.

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Councilman's proposal for Petoskey Pointe legal discussion fails

Published August 20, 2008, 12:12 am, Petoskey News-Review

With less than three months remaining before the stalled Petoskey Pointe project reaches a completion deadline, Petoskey City Council member James Dittmar made the latest in a series of proposals Monday for the council to discuss city options for the project with legal counsel.

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Alburaq launches unique "˜Halal"™ savings plan in UK

Published August 19, 2008, 8:30 am, Middle East Online

Saving plan allows British customers exposure to stock market in complete harmony with Islamic principles.

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Sales of indexed annuities under increased scrutiny

Published August 18, 2008, 9:29 pm, Seattle Post-Intelligencer

Sales of equity-indexed annuities, insurance contracts with an investment component, have come under increased scrutiny

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18-08-2008: Thinking of alternative investments?

Published August 17, 2008, 11:11 pm, The Edge Daily

There has been a lot going on in global financial markets. With volatility likely to continue, and general consensus of a slowdown in major economies, the question most frequently asked is: Where and what should I invest in next?

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Mutual funds for P1,000 a month

Published August 17, 2008, 10:21 am, Philippine Daily Inquirer

INVESTING is like getting into sports; the earlier in life you start doing it, the better your chances of winning the gold. And it, too, requires a lot of discipline and patience.

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Lottery ticket worth $3.7m sold in Nashua

Published August 17, 2008, 4:18 am, The Nashua Telegraph

NASHUA -- Someone, somewhere has a piece of paper worth $3.7 million. The ticket that won Saturday's Tri-State Megabucks jackpot, which had been building for three months, was sold at the Market Basket on Daniel Webster Highway in Nashua. ... - By MICHAEL BRINDLEY Telegraph Staff

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MARKET SNAPSHOT: U.S. Stocks Finish Mostly Higher As Oil Prices Fall

Published August 15, 2008, 1:48 pm, Nasdaq

U.S. stocks on Friday ended mostly higher, with the major indexes scoring mixed results for the week, as Ambac Financial Group Inc. and MBIA Inc. had their credit ratings affirmed, while crude-oil futures finished lower.

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U.S. stocks finish mostly higher as oil prices fall

Published August 15, 2008, 1:43 pm, MarketWatch via Yahoo! Finance

U.S. stocks end mostly higher, with the major indexes posting mixed results for the week, as Ambac Financial Group Inc. and MBIA Inc. have their credit ratings affirmed, while crude-oil futures finish lower.

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MARKET SNAPSHOT: Stocks Trade Mostly Higher As Oil Prices End Lower

Published August 15, 2008, 12:33 pm, Nasdaq

U.S. stocks were mostly higher Friday, with the major indexes poised for mixed weekly results, as Ambac Financial Group Inc. and MBIA Inc. had their credit ratings affirmed, while crude-oil futures ended lower.

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